DAVAO CITY, (PNA) — To provide houses for everybody is the real challenge, Subdivision and Housing Developers Association, Inc. (SHDA), president Paul Tanchi said.
Tachi made the statement in his speech at the recent The Organization of Property Stakeholders (TOPS)- Land Registration Authority (LRA) Summit in Davao City.
He said by providing houses for everybody is key to addressing the current 6.5 million housing backlog in the country. In his presentation, the housing backlog however could grow to a huge 12.5 million by 2030.
In 2011, the housing backlog posted at 3.9 million.
Tanchi cited some problems that can be attributed to the growing unmet housing need.
He identified the inadequate measures of government to have contributed to housing deficits.
He also said that government subsidy programs have failed to reach the intended beneficiaries particularly those who cannot afford making the housing problem unresolved.
The housing problem keeps growing since government takes the burden and risk of shouldering cost of housing program with private capital left out.
He also believes relocation programs may have adversely affected livelihoods of the beneficiaries hampering them from acquiring housing units due to financial incapabilities plus the lack of structure and capability of government to monitor, collect and manage fund.
Tanchi however remains optimistic the housing reforms will be met with the growth of the housing industry.
“Developers are quite satisfied with the growth of our industry and there is reason to be optimistic in 2013. SHDA remains on target with our commitments,” he said.
Tanchi also eyes the streamlining efforts in the housing permit process and increasing access to affordable housing to help reduce the housing backlog by 2030.
SHDA is the largest organization of housing developers in the country, with over 200 members from chapters across Luzon, Visayas and Mindanao.