Housing Program.
Section 1
SECTION 1. Housing Program.—Pursuant to the mandate of the New Constitution, there shall be developed a comprehensive and integrated housing program which shall embrace, among others, housing development and resettlement, sources and schemes of financing, and delineation of government and private sector participation. The program shall specify the priorities and targets in accordance with the integrated national human settlements plan prepared by the Human Settlements Commission. In the preparation of said program, the following factors shall be considered: The management of urban development to promote the economic and social well being and physical mobility of the people, and facilitate industrial growth and dispersa ; The conservation of land for housing development as well as the regulation of land use to achieve optimum utilization patterns; The organization of public and private resources into financial intermediaries to meet the demand for housing, including provisions for incentives and facilities to broaden the private sector participation in housing investments; and The extensive use of building systems, which shall maximize the use of indigenous materials and reduce building costs without sacrificing sound engineering and environmental standards.