What is the ceiling amount for socialized housing provided for under Sec. 18 of R.A. 7279?

The correct answer reflects the regulatory framework established under Sec. 18 of R.A. 7279, which pertains to the Socialized Housing program in the Philippines. This law aims to provide housing for the underprivileged and homeless citizens by providing affordable housing options.

Sec. 18 specifically defines the maximum price limit for socialized housing units, which is set at P 400,000. This ceiling ensures that housing remains accessible to those who are economically disadvantaged, in line with the legislative intent to alleviate poverty and address housing shortages.

The selection of this specific amount is significant as it demonstrates the government's commitment to providing affordable housing solutions while also considering the economic realities of construction and development. By establishing a clear financial limit, authorities can effectively regulate and facilitate the provision of socialized housing projects.