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Philippines Brings Services to the social sector housing

An innovative project which helps the urban poor -not by relocating people away from their source of livelihood - but by bringing social sector housing, microfinance and health services to the community". This was how Asian Development Bank director described the On-site Urban Upgrading for Vulnerable Communities of  Project at a groundbreaking ceremony today. The event marks the start of a six-month site development project that will benefit 525 poor families, including some who were directly affected by a landslide tragedy in 2000 that killed more than 200 people. The project will build roads and a drainage system on a three-hectare site.


 Social Sector Infrastructure and Environment


The Government and ADB acknowledge that a robust population control program is a prerequisite for ensuring that the gains achieved in social sector housing development and environmental protection are sustainable and assist in poverty reduction. The Government's commitment to this policy is becoming more explicit as evidenced by its articulation. Opportunities for policy dialogue in this area are thus expected to increase and technical assistance for capacity building activities has been programmed. Sector strategies in the social sector including the housing, environment, will aim at preserving and further improving the advances made in the key socioeconomic indicators in the medium term. In addition, a key concern is balanced regional development with attention to urban issues as the majority of Filipinos are now residing in urban areas.



More social sector houses made available to public

The LTS authorizes the sale of subdivision lots and condominium units in registered projects, an indicator or development trends in the real estate industry. Residential units covered by the LTS fall under five categories: open market (houses costing above (P 2 million to P5 million), social sector housing/condominium (houses worth P130,000 and below); economic housing (houses costing above P500,000 to P2 million open market condominium and simple subdivision.

 

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