THE Subdivision and Housing Developers’ Association (SHDA) urged property developers to focus on the delivery of affordable housing in order to address the country’s growing housing backlog and help drive economic growth.
In a statement over the weekend, SHDA noted that developers should cater to more affordable housing projects, especially in the categories of low cost, economic, and socialized housing segments.
This was one of the resolutions reached during the organizations’ national convention held in Iloilo City late last month.
Based on a study by the Housing and Urban Development Coordinating Council (HUDCC), the country’s housing backlog from 2011 to 2016 is estimated to reach 5.7 million.
The SHDA is also urging developers to produce more than the annual average production of 350,000 units a year in order to reduce the housing deficit.
The group noted that by producing more housing units in the affordable segment, the industry will also be producing more jobs, which will drive growth for the Philippine economy.
“Corollary to this, more jobs related to the housing industry—including suppliers, laborers, and the like—will also be created,” SHDA said.
In a video message aired during the national convention, Vice President Leni Robredo, who chairs the HUDCC, noted that a comprehensive roadmap was needed to arrest the widening housing backlog.
“We need a comprehensive roadmap that is based on accurate baseline data, local best practices, public and private financing solutions, and stakeholder consultations are all critical to our success. We need an inventory of all government properties available for housing– we will need the cooperation of all local government units for this,” Robredo said.
SHDA national president Rodel Racadio noted that through the SHDA-commissioned Philippine Housing Roadmap, the partnership between government and the private sector “has created a comprehensive and actionable development plan to meet the needs of Filipinos in all sectors of society.”
He added that any development in the housing industry has a multi-sectoral impact and multiplier effect.
Meanwhile, Winston Conrad Padojinog, president of the University of Asia and the Pacific, said that innovative and high-density housing strategies are needed in order to “effectively” cut the housing backlog.
“Beyond the public sector providing housing and the auxiliary services, new approaches are needed in the face of continuing rural-urban migration that is bound to exacerbate the housing problem. The affordability of and access to government housing programs by the poor will also continue to pose a major challenge in the near future,” Padojinog said.
The 25th National Developers’ Convention of the Subdivision and Housing Developers’ Association was held last September 22 to 23 at the Iloilo Convention Center, Megaworld Blvd, Mandurriao, Iloilo City.