AN ACT TO CREATE THE SOCIAL HOUSING DEVELOPMENT AND FINANCE CORPORATION, PRESCRIBING ITS POWERS AND FUNCTIONS, AND FOR OTHER PURPOSES

AN ACT TO CREATE THE SOCIAL HOUSING DEVELOPMENT AND FINANCE CORPORATION, PRESCRIBING ITS POWERS AND FUNCTIONS, AND FOR OTHER PURPOSES

RESOLUTION DIRECTING HTE PROPER SENATE COMMITTEE TO CONDUCT AN INQUIRY, IN AID OF LEGISLATION, ON THE COMMISSION ON AUDIT REPORT THAT THE CITY GOVERNMENT OF PARANAQUE LOSES SOME P400 MILLION IN REAL PROPERTY TAXES YEARLY DUE TO THE OUTDATED SCHEDULE OF FAIR MARKET VALUES AND FAILURE TO CONDUCT GENERAL REVISION OF REAL PROPERTY ASSESSMENTS, AND, AS OF THE END OF 2014, LOST SOME P169 MILLION IN SOCIALIZED HOUSING PROJECT COSTS