DHSUD taps more private firms for PBMM housing program

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DHSUD taps more private firms for PBMM housing program
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The Department of Human Settlements and Urban Development (DHSUD) has been meeting with more private companies for the construction of more housing projects in the country. | ManilaBulletin

He said he has been meeting with officials and members of the Subdivision and Housing Developers Association , Organization of Socialized and Economic Housing Developers of the Philippines , National Real Estate Association, Inc. and the Chamber of Real Estate and Builders' Associations Inc. .

“These groups and other private organizations we have engaged are absolute multipliers and prime movers in producing affordable and decent homes that most Filipinos dream about,” Acuzar said. In the manual, DHSUD, as the lead agency and key enabler of the housing program, authorizes three major proponents which include local government units availing of developmental loan from government financial institutions , JVA or PPP between LGUs and developers/contractors, and private developers through turnkey projects.

The guidelines released by DHSUD also states that LGUs may enter into JV agreements or form JV corporations with private sector partners, subject to their respective PPP or JV local codes.

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