Manila: The Department of Human Settlements and Urban Development (DHSUD) has reiterated its call for private developers to help the government address the country's housing backlog.
According to Philippines News Agency, as of 2022, the housing backlog has reached about 2.2 million units, as stated by DHSUD Undersecretary Henry Yap during an address to 700 members of the Chamber of Real Estate Builders Association (CREBA) at its national convention on Thursday. Yap emphasized that the government cannot solve the problem alone and highlighted the need for collaboration between national agencies and local government units to identify lands for housing, actively provide housing units, and streamline their permit processes.
Yap urged private sector involvement, emphasizing the transformation of the country into a nation where every family has a dignified and secure home. He described this goal as the foundation of a resilient, inclusive, and prosperous nation. He challenged the CREBA members to unite with the theme of their convention, "One Voice, One Vision: Housing for All."
The housing challenge presents an opportunity for collaboration, as Yap urged private developers to invest in socialized housing projects for vulnerable families in high-risk areas such as waterways, steep slopes, and danger zones. The DHSUD continues to implement data-driven, climate-responsive, and sustainable housing policies to address this issue. Yap also highlighted the government's reduction of Pag-IBIG Fund interest rates for beneficiaries under the Pambansang Pabahay para sa Pilipino (4PH) program.
Meanwhile, CREBA president Noel Cari±o reminded builders that their mission extends beyond physical construction. He described construction as a measure of people's dignity and a symbol of security, opportunity, and belongingness. Cari±o called on members to continue their efforts in ensuring that every Filipino family can sleep in safety and wake up with hope.