Manila, Dec. 29 -- The government is looking into the possible classification of economic housing as corporate income tax-exempt mass housing under Batas Pambansa Bilang 220.

The review is being conducted by the Department of Human Settlements and Urban Development (DHSUD) in coordination with the Department of Trade and Industry-Board of Investments (DTI-BOI).

According to DHSUD Secretary Jose Ramon Aliling on Monday, the proposed review aims to provide economic housing developments with a clearer and more predictable tax incentive framework, similar to the system already applied to socialized housing.

He noted that aligning incentives for economic housing supports the government's push to expand access to affordable homes and simplif...