Pambansang Pabahay Para sa Pilipino
The Pambansang Pabahay Para sa Pilipino Program (lit. 'National Housing for the Filipino Program'), also known as the 4PH Program, is the national housing program of the Philippines. It was launched in September 2022 with the goal of having zero informal settlers by 2028.[1]
The Marcos administration aims to build 1 million housing units annually which is intended to address the backlog of 6.5 million housing units of the country.[2] As of April 19, 2023, about 1.2–1.3 million housing sites have been started since Marcos assumed office.[3]
Development
[edit]On July 17, 2023, President Bongbong Marcos issued Executive Order No. 34, which directs all National Government Agencies and Instrumentalities, including Government-Owned or Controlled Corporations (GOCCs), as well as Local Government Units (LGUs) to submit a detailed inventory of suitable lands for housing for the implementation of the program.[4] The government announced that it will provide a 5% annual interest to the beneficiaries of the low-cost housing program for 10 years.[5] In December 2023, Pag-IBIG approved ₱12 billion credit line for the National Housing Authority, which will finance the development of 9,110 housing units nationwide (4,111 units in Quezon City, 1,377 in Valenzuela, 944 in Zamboanga City, and 535 in San Juan).[6]
The 4PH Program is envisioned to create smart cities nationwide.[7]
In 2024, the Department of Human Settlements and Urban Development in its 5th anniversary announced building 1 million housing units yearly until 2028 based on Marcos Jr.'s 4PH Program. Its target of 6 million homes is anchored on sustainable housing development with cutting-edge technology or innovation.[8]
References
[edit]- ^ Viado, Maria Viktoria (February 1, 2023). "Narrowing housing gap under 'Pambansang Pabahay para sa Pilipino Program'". Philippine Information Agency. Retrieved July 18, 2023.
- ^ Calalo, Arlie O. (December 1, 2022). "More LGUs support Marcos' housing program". The Manila Times. Retrieved December 3, 2022.
- ^ Bajo, Anna Felicia (April 19, 2023). "Marcos says 1.2-M housing sites started since he assumed office". GMA News Online. Retrieved April 19, 2023.
- ^ "Executive Order No. 34, s. 2023" (PDF). Official Gazette of the Republic of the Philippines. July 19, 2023. Retrieved July 19, 2023.
- ^ "Gov't to provide 5% annual interest subsidy for low-cost housing beneficiaries —DHSUD exec". GMA News Online. August 29, 2023. Retrieved September 2, 2023.
- ^ "Pag-IBIG approves P12-B funding for over 9,000 4PH housing units". Manila Bulletin. December 23, 2023. Retrieved December 26, 2023.
- ^ "PBBM's 4PH Program gears up for a 'smarter' future for Filipinos". Philippine Information Agency. November 17, 2023. Retrieved December 26, 2023.
- ^ Verdejo, Genevie (February 14, 2024). "Pambansang Pabahay para sa Pilipino program in 2024". The Manila Times. Retrieved March 13, 2024.