Manila, Sept. 4 -- The Department of Human Settlements and Urban Development (DHSUD) and its attached agencies defended the proposed National Expenditure Program (NEP) for 2026 during budget deliberations at the House of Representatives, despite receiving a fraction of the funding they had requested.

The attached agencies include the National Housing Authority (NHA), Social Housing Finance Corporation (SHFC), National Home Mortgage Finance Corporation (NHMFC), Human Settlements Adjudication Commission (HSAC), and Pag-IBIG Fund.

They initially proposed PHP225 billion for 2026 but were allocated only PHP5.562 billion.

In a news release on Thursday, the DHSUD said Secretary Jose Ramon Aliling led housing officials in the presentation of t...