DHSUD grants LGUs power to process loans, conceptualize housing projects

Aaron Recuenco | February 8, 2023

Retrieved from: https://mb.com.ph/2023/02/08/dhsud-grants-lgus-power-to-process-loans-conceptualize-housing-projects/?amp

The Department of Human Settlements and Urban Development (DHSUD) has authorized local government units (LGUs) to process loans and conceptualize housing projects for their constituents.

Under the Department Circular 2023-004, DJSUD Secretary Jose Rizalino Acuzar said LGUs can serve as he lead proponent in the implementation of the housing projects as part of empowering them in addressing shelter woes within their respective localities.

“This provision will expedite the agency’s plan to provide housing units and develop livable communities for informal settler families, low-income earners and the underprivileged Filipinos,” said Acuzar.

He explained that the task of LGUs include identification of sites suitable for housing and mixed-use development, processing of developmental loans for housing project, identification of beneficiaries and developing of project concept.

The circular also stated that LGUs must formulate local policies and programs to support and facilitate project financing, construction and property management.

“In our discussions with LGUs, we have developed this housing program with flexibility particularly on financing aspect, following the applicable laws, government rules and guidelines,” said Acuzar.

“With our help, local leaders must deliver their commitments as we aim for the sustainability of this massive housing project. If DHSUD, LGUs, government financial institutions and private partners will work together, we can progressively address or even put an end to the country’s housing backlog,” he added.

On the other hand, DHSUD shall provide technical assistance and capacitate LGUs officials and personnel in facilitating the processes, particularly in providing access to funds and estate management.

In the recent engagements of DHSUD officials, some local chief executives have pledged to donate land resources for the administration’s flagship housing program.

As of January 31, DHSUD has sealed 63 memorandums of understanding with LGUs and led 15 groundbreaking activities in Luzon, Visayas and Mindanao.

Acuzar also reminded LGUs to begin the enrolling to ‘Pambasang Pabahay’ as Congress is expected to act on Malacanang’s request to include a budget for housing interest support in the General Appropriations for the succeeding years.

The DHSUD is seeking P36 billion in interest support annually for one million housing units. Under 4PH, DHSUD is tasked to build six million units until 2028.