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                    [ArticleID] => 138323
                    [Title] => Developers to blame for low-cost housing crisis?
                    [Summary] => The government’s problem of putting up 4.5 million housing units in five years was traced to the fact that there are no developers and investors willing to put their funds into low-cost housing. The estimated funding requirement for 4.5 million housing units is P20 billion.


Another source of problem is the current tight financial position of former housing fund sources like the state pension agencies (Government Service  Insurance  System and the Social Security System) and the National Home Mortgage Finance Corp.


                    [DatePublished] => 2001-10-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
                    [SectionUrl] => business
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CHANELY DEVELOPMENT CORP

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                    [ArticleID] => 138323
                    [Title] => Developers to blame for low-cost housing crisis?
                    [Summary] => The government’s problem of putting up 4.5 million housing units in five years was traced to the fact that there are no developers and investors willing to put their funds into low-cost housing. The estimated funding requirement for 4.5 million housing units is P20 billion.


Another source of problem is the current tight financial position of former housing fund sources like the state pension agencies (Government Service  Insurance  System and the Social Security System) and the National Home Mortgage Finance Corp.


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abtest

Developers to blame for low-cost housing crisis?

October 29, 2001 - 12:00am

The government’s problem of putting up 4.5 million housing units in five years was traced to the fact that there are no developers and investors willing to put their funds into low-cost housing. The estimated...

Business