CHIZ: NEW HOUSING BILL TO BOOST RENTAL OPTIONS FOR POOR FAMILIES
CHIZ: NEW HOUSING BILL TO BOOST RENTAL OPTIONS FOR POOR FAMILIES The Senate recently passed on Second Reading a bill offering incentives to private developers to build affordable rental units for poor and low‑income families. Sponsored by Sen. Francis “Chiz” Escudero, Senate Bill No. 2507, passed Wednesday, gives life to the Constitution’s mandate to government and the private sector to work together in addressing the country’s housing needs. “The Constitution itself recognizes that the challenge of housing cannot be met by government alone,” he said during his sponsorship speech, citing Article XIII, Section 9 on urban land reform and housing. “The ‘Affordable and Decent Rental Housing Incentives Act’ gives life to this constitutional mandate by providing incentives for the private sector to develop, construct, rehabilitate, and operate affordable and decent rental housing for poor and low-income households.” The bill establishes a system for registration and ce...