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Sovereign guarantee for new homes pitched

Business Mirror LogoBusiness Mirror13h ago

Sovereign guarantee for new homes pitched - Business Mirror

Quick Summary:

A LAWMAKER on Tuesday defended the need for sovereign guarantees until 2028 to support the construction of new housing units, arguing that these guarantees are crucial for the National Housing Authority (NHA) and the Social Housing Finance Corporation (SHFC) to secure necessary funding.

Therefore, the sovereign guarantee is crucial for them to be able to bid and secure the necessary funding to build the units,” Tiangco added.ACT Teachers Rep.

France Castro doubted, however, whether the sovereign guarantee would be sufficient to meet affordable housing targets.“I have concerns about the execution of this plan.


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Article Details

Author / Journalist: Jovee Marie N. de la Cruz

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 16:07:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 869 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 22569791

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 60 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 13 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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The story "Sovereign guarantee for new homes pitched" was covered 13 hours ago by Business Mirror, a news publisher based in Philippines.

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