The Senate and House committees on housing and urban development and the Department of Finance recently outlined their agenda to resolve issues faced by the housing sector at the Philippine Housing and Real Estate Summit held by the Chamber of Real Estate & Builders’ Associations, Inc. (CREBA).
Senator Joseph Victor Ejercito, chair of the Senate Committee on Urban Development, Housing and Resettlement, said that the real estate and housing industry is in a good position to lead the country out of the twin crises of the housing backlog of 6.8 million units and the economic woes arising from the COVID pandemic.
Shown in photo is CREBA National President Noel Toti M. Cariño who reported that the House Committee on Urban Development and Housing had already passed the In-City Housing Bill and is deliberating the Sustainable Cities Bill in response to the sustainable development goal and urban agenda of the United Nations.