Problem Statement of Housing in the Philippines:
According to the chairperson of the Philippines Housing and Urban Development Coordinating Council (HUDCC), by the end of year 2016 the housing backlog reached over 5.5 million housing units, as reported by The Philippine Star Newspaper on August 23, 2016. The report also stated that only 1.135 percent of the national budget in the last six years was allotted for the government programs (this is part of the problem). From year 2000 to 2014, only 0.12 percent of the national budget was allotted to housing programs, the worst among southeast Asian countries. The housing backlog will continue without any outside help for funding affordable housing.
Making affordable housing accessible to everyone.
Proposed Solution: Provide humanitarian funding that create communities to build housing units to serve lower income population. The proposed solution is making affordable housing accessible by everyone in the Philippines. This proposal is to build 100,000 housing units. This represents less than 2 percent of the over 5.5 million units of housing backlog in the Philippines.
The economic situation is showing strong improvement based on the low unemployment rate. The unemployment rate fell to 4.7 from 5.4 percent from the third to the fourth quarter of 2016.