In a statement, ECCP said it will hold a forum, the Housing Solutions Congress, on Aug. 16 at the SMX Convention Center in Pasay City, bringing together housing and construction companies, social worker groups, and Vice-President Maria Leonor G. Robredo, who is also the Chairperson of the Housing and Urban Development Coordinating Council (HUDCC).
ECCP added that among the participants are listed companies Republic Cement & Building Materials, Inc. and Phinma Corp.
"There is a clear need for affordable housing especially for the urban poor. All the stakeholders should ensure that the livelihood of this marginalized sector is not displaced when they are offered socialized housing options," Henry J. Schumacher, external affairs vice-president of the European Chamber of Commerce of the Philippines, said in the statement.
"Socialized housing solutions should be possible without moving them out of the city considering that Metro Manila is still where they are finding their jobs or livelihood. The government can look at some of the properties it owns and transform them into urban medium rise social housing projects," he added, echoing the sentiment of Ms. Robredo who has said that the area for relocation must be within the city, or at least close to the source of livelihood.
Mr. Schumacher said that construction companies could provide adequate housing as part of their corporate social responsibility projects, in order to "improve the quality and promote more liveable socialized houses."
He also said that relocation does not necessarily have to be done in provinces, which would otherwise take up land intended for agriculture, adding that ECCP still sees vertical developments within Metro Manila and its outlying areas as a viable option.
In its housing sector accomplishment report covering the period from July 2010 to December 2015, HUDCC said that National Housing Authority, Social Housing Finance Corp. and the Home Development Mutual Fund under Pag-IBIG had a combined output valued a little over P300 billion, providing housing assistance to nearly 900,000 families.
In the same report, HUDCC said that State-owned Home Guaranty Corporation guaranteed P222 billion worth of housing loans extended by private commercial and rural banks as well as other financing companies equivalent to about 127,500 housing units.
Source: Business World Online