By LLANESCA T. PANTI, GMA News
On its first year, the Department of Human Settlement and Urban Development proposed a P4.1 billion budget for 2020.
The budget presentation of the newly-created housing department showed the P4.1 billion was an increase from the P2.9 billion budget for the housing sector this year.
The agency said it is eyeing to construct, thru the National Housing Agency, 136,595 low-cost housing units per year.
It said constructing a low-cost housing unit requires at least eight persons working for three weeks for a total of 124 man days.
At this pace, at least one million skilled and semi-skilled workers will be provided with employment.
Based on government records, the Duterte administration was able to build 510,045 housing units from July 2016 to December 2018.
If this pace holds up, the administration will be able to build 1.2 million houses by the end of Duterte’s term in 2022. —LDF, GMA News
https://www.gmanetwork.com/news/news/nation/705547/new-department-of-housing-proposes-p4-1-billion-budget/story/
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