Senate Bill No. 2065: Balanced Housing Development Program Amendment of 2014
This proposed measure requires the owners and/or developers of proposed subdivision and condominium projects to develop an area for socialized housing equivalent to at least twenty percent (20%) of the total subdivision or condominium net saleable floor area, or total subdivision or condominium project cost, at the option of the developer.
Date filed: 20 January 2014
Author: Senator Ferdinand “Bongbong” R. Marcos, Jr.
Status: Pending in the Committee 22 January 2014