PA Properties commits to contribute in PH govt’s efforts to curb housing backlog from reaching 10-M

Laguna-based property developer P.A. Alvarez Properties and Development Corporation (P.A. Properties) dedicates itself to be a partner of the government in its efforts to curb the country’s housing backlog that is now at 6.5 million units. Recently, the Department of Human Settlements and Urban Development (DHSUD) reported that it could reach the 10-million mark by the end of President Ferdinand Marcos Jr.'s term if not addressed properly.

For the country’s backlogs to ease slowly, the government would need to produce at least 1 million units. To add, the current program budget only supports about 17 percent of the country’s housing needs and housing production.