SHDA UNVEILS ROADMAP FOR A SUSTAINABLE HOUSING INDUSTRY; ASSISTS PBBM ADDRESS HOUSING BACKLOG

August 12, 2023 Community Billboard

Pag-Ibig Fund plays a key role in the program

The Subdivision and Housing Developers Association, Inc. (SHDA) recently launched its housing industry roadmap described to be transformative to keep the country’s housing industry a flourishing sector , driver of economic growth and a catalyst for social intervention. SHDA’s housing program center on four areas: ensuring access to land for settlements and streamlining the permitting process; finding sustainable and affordable housing solutions, the release states.

The group also would like to boost the production of resilient and innovative housing communities; and finally, incentivizing private sector engagement in segments grappling with high housing backlogs. The roadmap initially created for the years 2012 to 2030 is undergoing updates to meet emerging trends in the industry is in collaboration with the Centre for Research and Communication. In a press statement, SHDA Chairman, Arlene Keh, meeting the young working
middle-class needs and addressing challenges with immediate intervention aligned with the housing roadmap.

She also pointed out the importance of tackling climate change and embracing disruptive technologies for improved construction and project management. “Roadmap solutions [are] aimed to help the government bridge this [supply and demand] gap and serve as a guide for both the government and the private sector in the pursuit of strategies, policies, and overall growth and development in the housing industry,” the SHDA official said.

In line with these efforts, SHDA has also expressed their support to the creation and institutionalization of the Department of Human Settlements and Urban Development (DHSUD), as well as the Pambansang Pabahay Para Sa Pilipino (4PH) Program of the current administration.
Strong partnership with the Home Development Mutual Fund (HDMF), also known as the Pag-IBIG Fund also form part of the roadmap—it includes sustainable financing for both developers and buyers as the common objective of SHDA and Pag-IBIG.

SHDA also aims to assist a substantial number of overseas Filipino workers in owning homes in the country, utilizing online platforms and exhibitions to showcase available housing units and products. SHDA is the largest and leading industry association for housing and urban development in the Philippines. We have 350 members nationwide and eight regional chapters: unmatched
connections amongst the country’s top players, and a dynamic national network of small and medium developers.

Primo Agatep/ABN