PBBM to sign EO reserving idle lands for housing projects
Published date | 07 November 2022 |
Publication title | Philippines News agency |
President Ferdinand R. Marcos Jr. is set to sign an executive order (EO) reserving idle government lands for housing projects.
In a press release issued Monday, Malacañang said the EO will implement Section 24 of Republic Act No. (RA) 11201, which mandates several government agencies to jointly identify idle state lands suitable for housing and rural development.
Under RA 11201, an inventory will be conducted by the Department of Human Settlements and Urban Development (DHSUD), Department of Agrarian Reform (DAR), Department of Agriculture (DA), Department of Environment and Natural Resources (DENR), Department of the Interior and Local Government (DILG), and the Land Registration Authority (LRA) to identify these lands, estimated to be more than 16,000 hectares, to be used for socialized housing.
Marcos said the EO 'will not create new regulations but will just enforce the existing law.'
According to the President, putting all these government assets will 'ensure flexibility in deciding which of these lands should be used for housing.'
Marcos is set to meet with banks and financial institutions to assist the DHSUD in realizing its goal of building 1 million housing units per year or 6 million by the end of his term.
RA 11201 gives the housing agency power to take and...
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