SHDA VOWS TO COLLABORATE WITH GOV’T TO ADDRESS NATION’S GROWING HOUSING BACKLOG

March 4, 2023 Provincial

Arlene C. Keh, newly installed Board Chairman of the Subdivision and Housing Developers Association (SHDA), the largest and leading industry association for housing and urban development in the country, vowed to support the national government’s initiative to provide an affordable and quality housing for Filipinos. “We are deeply grateful and humbled by the confidence placed in SHDA’s new Board of Governors by Secretary Acuzar and the entire DHSUD.

We promise to fulfill our commitment and tirelessly work towards achieving our common goals
and objectives, especially in collaborating with the government’s initiatives to address our nation’s growing housing backlog,” said Keh in a press statement. Secretary Jose Rizalino L. Acuzar presided over the oath-taking ceremony of the new Board of Governors of the SHDA held recently at the Department of Human Settlements and Urban Development (DHSUD) Auditorium in Quezon City.

The oath-taking ceremony marked the start of the new board of governors’ term and their commitment to fulfilling the organization’s objectives. SHDA is a national organization of real estate developers that aims to promote and improve the housing industry in the Philippines. The event was graced by high-ranking officials of the Department, including Undersecretaries Garry De
Guzman, Avelino Tolentino III, Wilfredo Mallari, and Henry Yap, Assistant Secretaries Melissa
Aradanas and Rey Montalbo Jr., and Directors Stefan Ema Mae Corregidor, Mario Mallaro, and Christine Ilagan.

The government estimated that housing backlog has risen over the years to six million, and under current administration of President Marcos Jr’s it plan to built one million houses each year. SHDA has 350 members that include the country’s top real estate developers players and a dynamic national network of small and medium developers. SHDA member-developers produce over 80 percent of homes produced annually in the country, giving SHDA unparalleled reach amongst
Philippine homebuyers. Decades it sustained close linkages with its members, government agencies, and allied professionals and is the leading voice in articulating the advocacy of the housing industry in the country.

Primo Agatep/ABN