Developers’ perceptions and investment behaviour in the twenty percent socialized housing policy in Cebu city, Philippines

Author: Charina May Torres Blanco

AIT Library Call Number: AIT Thesis no. HS-97-06

Year: 1997

Academic Program: Human Settlement (HS)

Type: Thesis (M. Sc.) – Asian Institute of Technology, 1996

Examination Committee: Shigeru Fukushima Ray W. Archer, Yap Kioe Sheng (Examination Committee Members)

Abstract: The main concern of the present Ramos’ administration, is to give priority to the plight of the homeless. One of the programs that had been launched for this purpose, is the Urban Development and Housing Program (UDHP). An important feature of the UDHP is the promotion of the socialized housing program, along with the implementation of the 20% socialized housing policy , which evolved with the task of solving the perennial problem of poverty and homelessness through the maximum participation of the private sector. The policy mandates the private residential developers to allocate 20% of the total subdivision project cost or 20% of the total subdivision area, for the development of socialized housing projects, intended for the homeless and underprivileged. Several issues had cropped up regarding the said policy, such as, the unwillingness of the private developers to comply with the requirement, their constant lobbying for an increase in the selling price, and the weakness of the implementation stage, on the part of the Local Government Units. This study then, is an evaluative and descriptive type of research which focuses mainly on the developers’ perceptions and investment behaviour towards the 20% socialized housing policy. The research has covered opinions from several Cebu-based private residential subdivision developers, some Non-governmental/Non-profit Organizations, as well as views from various shelter-related government agencies. It further examines the factors affecting the success and/or failure of the policy implementation by the Local Government Unit of Cebu City. The findings showed that with the situation in Cebu City, where raw land price has tremendously risen up, the Pl 50,00 selling price, could not assure a desirable profit ratio, thus, majority of the private developers escaped from the 20% compliance duty. The results further revealed that there is no monitoring and evaluation on the pai1 of the implementing body, the Local Government Unit of Cebu City, thereby resulting to weakness in the

Scholarship Donor(s): The Spanish Government

Note: A thesis submitted in partial fulfilment of the requirements for the degree of Master of Science

Advisory: Full-text is available at https://library.ait.ac.th/ (accessible to local ip address only)

Search keywords index: Charina May Torres Blanco Developers’ perceptions and investment behaviour in the twenty percent socialized housing policy in Cebu city, Philippines Human Settlement (HS) Housing policy — Philippines — Cebu