Developers convention to address housing backlog

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The Chamber of Real Estate and Builders’ Associations, Inc. (CREBA) is advocating its vision of “a home for every Filipino” as it organizes a national convention focused on addressing the country’s housing backlog.

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“CREBA has been seeking a comprehensive government policy reform program that will establish long-term and affordable funds for socialized and economic housing; affordable homes for employees in urban areas; lands for residential, commercial and industrial development; efficient local government housing regulations; and a full-fledged
Department of Housing and Urban Development,” chairman Charlie A.V. Gorayeb said.

“Putting this 5-point agenda on stream — from legislation to full implementation — demands the support and cooperation of various sectors as it also involves the proper and prudent use of resources of both the government and the business community,” Gorayeb added.

He noted that 500,000 houses needed to be built annually to overtake a 5.5-million backlog.

CREBA national President Noel Toti Cariño said next week’s national convention—to be held from October 7 to 10 at the SMX Convention Center Bacolod City—will be “a major step in that direction—where all the concerned sectors will be gathered under one roof to pull their acts together.”

Cariño added that the convention has gained the support of key officials, including Vice-President Jejomar Binay, Rep. Alfredo Benitez (3rd district, Negros Occidental) and Senator Joseph Victor Ejercito who will also be speaking at the event.

The convention will include business-matching activities, presentations on market trends, product development technologies, government plans and policies, and emerging opportunities, he said.

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