Price Ceiling For Economic Housing
Price Ceiling For Economic Housing
Price Ceiling For Economic Housing
WHEREAS, the Council considered the rising cost of production and analyzed
the Consumer Price Index as well as the Construction Materials Wholesale Price
Index which showed an increase from September 2006 to April 2015 of 40.32%
and 34.75%, respectively;
BE IT RESOLVED, FURTHER, that NEDA and the Housing and Land Use
Regulatory Board (HLURB), pursuant to the foregoing adjustment of the Economic
Housing Loan Ceiling, hereby set the price ceiling of Phpl,700,000.00 for economic
housing, under Batas Pambansa 220.
9th & 15th Floor, Banco de Oro Plaza, Paseo de Roxas, City 01 Makati Tel. Nos.811-4116 to 17,811-4167 to 68.811-4170 to 73, 811-4112 to 13,811-4159,811-4220,811-4223,811-4250
812-9229,817-8964,893-3700,812-0735,893-0749,817-6995
Fax. Nos. 811-4158 (Office ot tne Chairman) *811-4118 (AFG)
Website: http://www.hudcc.gov.ph