• Incentives are extended to the private sectors in participating in socialized housing

• Socialized housing refers to housing programs and projects covering houses and lots or homelots

• There are eligibility criteria for Socialized Housing Program Beneficiaries

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• Religious corporations may be incorporated by one or more persons

• Religious corporations may be classified into corporation sole and religious societies

• For the purpose of administering and managing of any religious denomination, a corporation sole may be formed by the chief archbishop

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• It is the policy of the State to undertake, in cooperation with the private sector, a comprehensive and continuing Urban Development and Housing Program

• The Urban Development and Housing Program covers all lands in urban and urbanizable areas

• Urbanizable areas refer to lands which display marked and great potential of becoming urban areas within the period of five (5) years

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• A private property may be taken by the government for public use

• The amount to be paid by the government in taking the private property shall be deposited to the court

• The amount deposited by the government shall be released by the court to the person who is entitled to receive the same

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