The Chamber of Real Estate and Builders’ Associations, Inc. (CREBA), is optimistic the newly passed Balanced Housing Program Amendment Act will help lessen the country’s housing backlog, the group said in a statement.
CREBA National President Charlie Gorayeb noted that Republic Act 10884 or the Balanced Housing Program Amendment Act will make current housing laws work by ridding the Urban Development and Housing Act (UDHA) or Republic Act 7279 of 1992 of stumbling blocks to socialized housing production.
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