HOUSING production should be raised to 500,000 units per year to address the country’s housing backlog, a national real estate and builders’ organization said.
Raising the number of homes built each year is the key agenda of the 25th national convention of the Chamber of Real Estate and Builders’ Associations Inc. (CREBA) to be held in October this year.
With the theme “A Home for Every Filipino: Turning Dreams into Reality,” the national confab will embody the aspirations of CREBA’s Five-point Agenda for Housing, which seeks policy and legislative reform proposals aimed at raising housing production to a level of 500,000 units per year over a timeline of 20 years.
In a statement, CREBA national president Charlie Gorayeb said three main issues need to be addressed to reduce the country’s 5.5 million housing backlog and these are land, governance, and finance.
The key concerns of the five-point agenda for housing include long-term and affordable funds for socialized and economic housing; affordable homes in urban areas nationwide; equitable allocation of lands for human settlements, agriculture and the environment; efficient local government housing regulations; and the creation of a housing and urban development department to provide housing concerns the attention it deserves at the highest level of government.
Along with the given agendas, CREBA has also released five legislative proposals that will address each agenda.
These include bills that propose the following: amendment of the Comprehensive and Integrated Shelter Finance Act (CISFA) of 1994; amendment of the Urban Development and Housing Act (UDHA) of 1992; the creation of a national land use policy; the creation of a local housing board for each city and municipality; amendment of the purpose-related provisions of the Local Government Act of 1991; and the creation of a Department of Housing and Urban Development (DHUD).
CREBA’s initiatives and advocacies “have been consistently focused not just on the interest of its members, but also on enabling the millions of homeless families to acquire decent, affordable homes,” CREBA national chairman Noel Toti Carino said.
CREBA’s national convention is annual event held every October, which was declared as the “National Housing Month”. This year’s confab is set on October 12 to 15 at the CAP Cultural and Trade Center, Camp John Hay, Baguio City.
CREBA is the umbrella organization of real estate developers, professionals, and entities engaged in real estate development, building and construction, technical consultancy, marketing, supplies and other related services.