Land Estate 88 Realty

02/10/2022

"NEWS
Search
Menu

News
Opinion
Business
Entertainment
Sports
Lifestyle
Technology
Global Filipino
Specials
More+

BUSINESS / TRADE & ENERGY / SHDA pushes for better tax incentives
ADVERTISEMENT

SHARE
Business, Trade & Energy
SHDA pushes for better tax incentives
Published August 17, 2022, 5:04 PM

by Bernie Cahiles-Magkilat

The Subdivision and Housing Developers Association (SHDA) has pushed for the strengthening of the incentives and addressing the price ceilings, especially for socialized housing, to encourage more developers in housing activities and achieve the administration’s housing goals over the next six years.

SHDA raised this suggestion during a meeting with Secretary Jose Acuzar of the Department of Human Settlements and Urban Development (DHSUD) and SHDA officials led by its Chairman George Siy.

ADVERTISEMENT

During the meeting, SHDA said that strengthening the incentives and addressing the price ceilings, especially for socialized housing, will enhance greater participation in housing activities that had been affected by inflation in materials, skilled labor, and raw land prices.

The 2022 Strategic Investments Priority Plan (IPP), which lists economic activities eligible for tax incentives under the CREATE Law, continued to grant tax perks to mass housing projects based on a specific price ceiling per unit. It also covers in-city-low-cost dwelling projects for lease/rent. For National Capital Region, only in-city low-cost dwellings for lease/rent may qualify for registration.

Aside from tax incentives, SHDA identified access to land, additional affordable forms of finance, and policies on vertical development, as some of the keys for expanding production of housing. This is also in line with the adoption of a rationalized National Land Use Plan that President Marcos Jr. had mentioned in his State of the Nation Address."

The Subdivision and Housing Developers Association (SHDA) has pushed for the strengthening of the incentives and addressing the price ceilings, especially for socialized housing, to encourage more developers in housing activities and achieve the administration’s housing goals over the next six yea...

22/09/2022

WHAT'S NEW IN THE HOUSE. The vital role of cooperation between the national government and local government units (LGUs) in successfully closing the housing gap was once again emphasized during the groundbreaking ceremony and memorandum signing between the and the Quezon City Government on Thursday.

Read the full story here: https://dhsud.gov.ph/news/cooperation-is-key-dhsud-quezon-city-merge-for-housing-project/

23/07/2022

The Department of Public Works and Highways reported that the toll road connecting the provinces of Tarlac and Nueva Ecija is almost complete.

24/06/2022

LAOAG CITY – The local government unit of Pagudpud in Ilocos Norte is poised to establish a tourism economic zone in Barangay Caparispisan.Reelected Mayor Rafael Ralph Benemerito II said Tuesday the establishment of an ecozone will become one of his top priorities under his second term to...

14/06/2022

WHAT'S NEW IN THE HOUSE. through the private developers’ incentivized compliance to balanced housing program, provided land development assistance to the housing projects in Barangay San Roque, San Leonardo town and in Barangay Lomboy, Talavera — both intended for informal settler families living along danger zones and those who do not own lots.

Read the full story here: https://dhsud.gov.ph/news/2-more-dhsud-projects-come-to-fruition-in-nueva-ecija/

31/05/2022

"It is time for a Bagong Lipunan Improvement of Sites and Services 2.0, combining the strengths of the old ministry’s BLISS program and the post-Edsa National Shelter Program, particularly the integrity of Pag-IBIG Fund, the reintroduction of integrated shelter finance program, PPP, rental housing program, and ayuda through housing vouchers for the poorest of the poor."

The fuel to President-elect Ferdinand “Bongbong” Marcos Jr.’s momentum and ascension to power is the veritable Class D—the low- and average-income earners of our population. They fire up

18/05/2022

Check out the planned "aerocity."

16/04/2022

Marcos will revive Pag-IBIG's stalled "7-day Takeout Policy" to solve the housing shortage in the country by expediting the application process of those qualified for low-cost housing loans.

The length of loan approval currently ranges from three to four months, even longer.

Pag-IBIG was founded by former president Ferdinand Marcos to address the need for a national savings program and financing for affordable housing for Filipino workers.

29/03/2022

24/03/2022

Isang in-person CMP Orientation ang pinangunahan ni Insurance and Community Enhancement Division Manager Cesar Macaspac para sa higit 1,700 mamamayan ng Magalang, Pampanga matapos ang dalawang taong quarantine restrictions na dulot ng pandemya. Basahin ang buong balita na inilathala ng Manila Standard.



https://manilastandard.net/news/national/314215652/shfc-conducts-1st-in-person-orientation.html