Tag: housing crisis
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SHFC Aims to Transform Lives with Resilient Communities Amid Housing Challenges
At the 2nd Socialized Housing Summit held at Ateneo de Manila University, Atty. Junefe G. Payot from the Social Housing Finance Corporation (SHFC) presented an approach to combat the Philippines’ housing backlog through resilient community-driven projects. Amidst a critical period where the production of socialized housing units plummeted to an all-time low in 2023, SHFC’s…
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Understanding the housing crisis in the Philippines
Housing in the Philippines is a topic that doesn’t just hit close to home – it IS home. Sadly, it’s a topic also rife with serious issues. As of 2018, there were over 6 million units of housing backlog in our country, a staggering statistic stemming from the twin demons of unaffordable housing and inadequate…