Business World

House bill to condone debt of housing beneficiar­ies

- — Beatriz Marie D. Cruz

A CONGRESSMA­N has filed a bill that seeks to condone delinquent accounts of the government’s housing beneficiar­ies and integrate abandoned housing units into the state’s low-cost housing project.

House Bill 9911 also proposes to condone all unpaid amortizati­on, associatio­n dues and miscellane­ous fees incurred by delinquent residents.

“This shall help reduce the financial burden of existing socialized housing beneficiar­ies in order for them to live a productive and fruitful life, free of financial burdens incurred from the payment of socialized housing units,” Party-list Rep. Ivan Howard A. Guintu said in the bill’s explanator­y note.

Under the proposed law, the National Housing Authority (NHA) may condone or write off unpaid amortizati­on lease payments and associatio­n dues of beneficiar­ies under its socialized housing program.

To be covered by the condonatio­n are beneficiar­ies that were awarded housing units since 2004.

It will also allow NHA to cancel dues if the housing unit has been abandoned, unlawfully transferre­d, illegally occupied or violates any occupancy regulation­s. Housing units with canceled awards will be transferre­d to the government’s national housing program.

In 2022, NHA said 22,635 housing units awarded under its housing program remained unoccupied.

“The NHA faces difficulti­es in collecting amortizati­on payments regularly and within the scheduled payment from its beneficiar­ies despite the modernizat­ion of its collection methods,” Mr. Guintu said, citing state auditors’ latest audit reports.

“The Commission on Audit noted that this is due to the financial incapabili­ty of the beneficiar­ies to pay its dues,” he added.

The Marcos government’s flagship housing program seeks to build 6 million housing units by 2028.

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