Govt cuts processing time for affordable housing

GOVERNMENT agencies at the end of last week announced steps to reduce processing time and procedures for homeowners of a key affordable housing program and for members of the Home Development Mutual Fund (Pag-IBIG), in line with President Rodrigo Duterte’s directive to cut red tape in government services.

On Thursday, Vice President Leni Robredo signed new rules intended to reduce the number of required documents and cut the processing time for socialized housing projects under the High Density Housing and the Community Mortgage Programs (CMP).