The Bureau of Internal Revenue (BIR) has entered into a Memorandum of Agreement (MOA) with the Housing and Urban Development Coordinating Council (HUDCC) and the National Housing Authority (NHA) for the provision of tax incentives for government socialized housing projects for the homeless and the underprivileged under Republic Act (RA) 7279, otherwise known as the “Urban Development and Housing Act of 1992.”

Vice-President and HUDCC Chairperson Maria Leonor G. Robredo, BIR Commissioner Caesar R. Dulay, and NHA Acting General Manager Marcelino P. Escalada, Jr. signed the MOA in a ceremony at the Quezon City Reception House.

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