Monday, May 25, 2015


In the run up to the 2nd Housing Summit, slated on July 16, 2015 in Quezon City, it is timely to revisit what were committed during the July 17, 2014 1st Housing Summit.

I caught a portion of the 2014 Year-End Report of the Housing and Urban Development Coordinating Council (, and I quote what was reported on Housing Cooperatives.

"..The government is now also in the process of amending the Implementing Rules and Regulations on housing cooperatives in the country...

"We are now in the process of amending the IRR on housing cooperatives; wherein the key shelter agencies and government financial institutions are enjoined to craft common guidelines for the implementation of cooperative housing programs and to create especial loan windows that will cater exclusively to housing cooperatives, Vice President Jejomar C. Binay said during the First Cooperative Summit in Quezon City.

 "This IRR will also mandate government agencies to provide technical assistance and capacity building to housing cooperatives, and will also provide for conflict resolution mechanism," he added.

Aside from amending the IRR, VP Binay said the housing sector is also taking "several compelling directions" to ensure the viability of and sustainability of housing cooperatives.

"First, we have to ensure that the concept of cooperative housing is harmonized with our existing housing programs in the sector..

"It is important to have agreements to adapt the housing cooperatives  as a viable method of producing shelter, especially since they are already organized and would be made more capable through the key shelter agencies' projects and programs," VP Binay said.

The Vice President also said that the housing agencies should also continue to make financing available to cooperatives through regular programs and through special loan window.

"In addition, we shall find a way to make the processing of requirements less stringent and more efficient and make it easier for housing cooperatives to engage in housing programs especially for socialized housing," the housing czar said.

(Now, all we have to ask is what happened after that?  Are there updates on said commitments?  That is worth knowing before we go to the 2nd Housing Summit.  Isn't it?).  (END).


No comments:

Related Posts with Thumbnails