The Housing and Urban Development Coordinating Council (HUDCC) has been ordered by President Gloria Macapagal-Arroyo to study India’s “Rajiv Awas Yojana.”
The “Rajiv Awas Yojana” is India’s pilot project aimed at providing affordable housing for its 62 million urban poor so it will be slum-free in five years. The project focuses on according property rights to slum dwellers and urban poor.
At the same time, the President asked HUDCC to advise the Home Development Mutual Fund (HDMF) to immediately frontload the balance of P85 billion fund contribution to the 2009 Economic Stimulus Package. (PIA)
