Wants one-stop shop for socialized housing permits
Senator Sonny Angara on Friday, September 13, pushed for the streamlining and simplifying of the issuance of housing-related clearances and permits through the creation of one-stop processing centers to address the backlog in the construction of settlements for the informal sector.
Angara warned that the national housing backlog would worsen and turn into a national housing crisis if the bureaucratic red tape in government housing agencies is not reduced.
Based on future demand and the current pace of production, the backlog in housing units is forecast to hit 6.6 million by 2022, from 5.5 million in 2016.
For the Social Housing Finance Corporation (SHFC), the pre-construction processing time for its Community Mortgage Program projects is between 16 to 74 months, according to the Senator.
“But we can ramp up production by improving the regulatory environment. When there is ease in doing business, financing comes in, and with volume comes affordability,” Angara said.