The vision of a home for every Filipino, an advocacy of the Chamber of Real Estate and Builders’ Associations, Inc. (CREBA), took center stage this week at the CREBA’s national convention held at the SMX Convention Center in Bacolod City from October 7 to 10.
CREBA national president Noel Toti M. Cariño said support for this vision gained impetus over the last few days among lawmakers, government officials and the private sector. Cariño identified some of the industry players who added gravitas to discussions on the housing backlog at the convention, namely, Boysen Paint, Camella Homes, DMCI Homes, Pag-IBIG Fund, Primehomes, VV Soliven Group, Megaworld Corporation, Lamudi Philippines, United Coconut Planters Bank, Duraville Realty & Development, EC Gas (J&M Properties), E. Ganzon Inc., and Sta Lucia Land Inc.
The event, which ends today, was a plethora of plenary and breakout sessions, fellowship nights, guided tours, business-matching activities, and presentations on market trends, product development technologies, government plans and policies, and emerging opportunities, all geared towards providing a home to every Filipino.
“Ranged against that vision, however, is a 5.5-million housing backlog that both the government and the industry have to surmount within the next 20 years,” CREBA national chairman Charlie A.V. Gorayeb said in his opening speech.
“Overcoming such a deficit requires the industry to produce at least 500,000 housing units a year,” he said. “And to be able to implement it, 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.”
The 5-point agenda espoused by CREBA has been drafted into various bills to amend, rationalize, streamline and beef up existing laws on housing.
“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 said.
“A major step in that direction is this CREBA national convention, where all the concerned sectors are gathered under one roof to pull their acts together,” Cariño said.