QUEZON CITY – The Department of Human Settlements and Urban Development (DHSUD) is set to meet the officers of the country’s four largest real estate developers’ groups to craft measures to ease the adverse effects of the corona virus disease 2019 ( COVID-19) in the housing sector.
DHSUD Secretary Eduardo Del Rosario said the Thursday meeting via video conference is also meant to bolster coordination between the department and the developers amid the crisis.
DHSUD Sec. Eduardo del Rosario (Eduardo del Rosario FACEBOOK / MANILA BULLETIN)
Secretary Del Rosario invited the top officials from the Subdivision and Housing Developers Association (SHDA), Organization of Socialized and Economic Housing Developers of the Philippines (OSHDP), Chamber of Real Estate and Builders’ Association Inc (CREBA) and the National Real Estate Association (NREA) for the meeting via video conference on Thursday, April 23.
The DHSUD chief has been emphasizing the importance of the Department’s role in lessening the public burden amid the enhanced community quarantine (ECQ) caused by the pandemic.
“We want to balance our efforts of easing the burden of house buyers while, at the same time, mitigate the impact of the enhanced community quarantine to our partner-developers,” the Secretary stressed.
“We have declared moratoriums for the benefit of millions of Filipinos. Now, we want to hear the developers to have a better grasp of the impact of the crisis on the builders’ side,” he added.
High on the agenda during Thursday’s meeting is the assessment of the effects of the ECQ to the financial capacity of the developers, the status of employment of their construction workers, its impact in the production of housing units and eventually, craft doable measures on how to mitigate it.
The ECQ, declared last March 17, has resulted in work stoppage in the construction sites as part of the health protocols and social distancing measure imposed by the government to combat COVID-19.
He stressed the need for closer partnership between the government and the private sector to ensure a synchronized efforts in easing the impact of the COVID-19.
“This meeting is another pro-active step to ensure that both the government and the private sector can move forward together to counter the pandemic while attending to the needs of the housing sector,” Secretary Del Rosario added.