Urban Asset Reform

1.  Increase funding for proven housing programs and institutions, scale up the Community Mortgage Program's success and strength, and fasttrack the issuance of Presidential proclamations for socialized housing;

2.  Provide incentives to unlock land for affordable housing through resource generation for socialized or low-cost housing and private sector-guided redevelopment of public land (e.g., redevelopment of NHA land to raise funds for relocation and construction of socialized housing facilities); and

3.  Provide and encourage access to land for affordable housing through the alternative land access modes, such as long-term lease and usufruct rights, including putting in place basic infrastructure ahead of settlements and making the accessed land in the periphery available for mass housing.