This is AI generated summarization, which may have errors. For context, always refer to the full article.
F.R. Hidalgo Street, known to photography enthusiasts for its many camera shops, was once called the most beautiful street in Manila because of the stately arcades of homes that lined it. The Senate bill, in its filed version, declares the broader “Quiapo district” as a heritage zone, but also lists down specific historic structures needing protection.
“The question is, if we’re going to, let’s say, declare certain streets in Quiapo: four or five streets, like the Bilibid Viejo, the Arlegui, the De Guzman , so will all the property owners in these streets avail of the tax incentives?” asked Representative Chua, whose district, full of historic places like Binondo and Escolta, contributes “more than half” of Manila’s income.The House bill makes use of the concept of “core zones” and “buffer zones” within the Quiapo heritage zone.
The House version asks the Manila City government to choose a site manager who, with assistance from the National Historical Commission, will conduct a cultural mapping of Quiapo and take charge of developing the site.One way national government agencies will pitch in is by allocating some of their funds to infrastructure and facilities development inside the Quiapo heritage zone.
Building owners and heritage advocates have long said tax perks like this are key to motivating the owners to maintain and preserve their buildings. Without such an incentive, it would be much easier for the owner to not petition for the designation of their building as historic and just demolish the building to make way for a more profitable structure.
Tax perks could keep historic buildings alive, which would preserve the unique character of the district.
Manila Rappler IQ Metro Manila Philippine News Philippines
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Angeline Quinto drops new song at her wedding in Quiapo ChurchKapamilya singer Angeline Quinto has tied the knot with her non-showbiz boyfriend Nonrev Daquina earlier today in Quiapo Church.
Source: PhilstarNews - 🏆 1. / 94 Read more »
Angeline Quinto drops new song at her Quiapo Church weddingKapamilya singer Angeline Quinto has tied the knot with her non-showbiz boyfriend Nonrev Daquina earlier today in Quiapo Church.
Source: PhilstarNews - 🏆 1. / 94 Read more »
Angeline Quinto drops new song at her Quiapo Church weddingKapamilya singer Angeline Quinto has tied the knot with her non-showbiz boyfriend Nonrev Daquina earlier today in Quiapo Church.
Source: PhilstarNews - 🏆 1. / 94 Read more »
Setting the record straight: 3 things you might not know about e-WalletsE-wallets are not just a pandemic fad. They are the new consumer’s ultimate tool revolutionizing the way they pay. A report from Nomura Research Institute revealed that even e-wallet users who have experienced hiccups within the platform still have high trust in its systems.
Source: manilabulletin - 🏆 25. / 51 Read more »
'Can't Buy Me Love' finale: 5 things to watch out for — ABS-CBNABS-CBN hit series “Can’t Buy Me Love” is about to conclude but the plot continues to thicken as secrets are revealed, relationships broken up, true feelings confessed, and more twists and turns are yet to be uncovered.
Source: PhilstarNews - 🏆 1. / 94 Read more »