SHDA convention unites experts in promoting regional development

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The Subdivision and Housing Developers Association Inc. (SHDA) successfully hosted the 31st National Developers Convention at the Radisson Blu Hotel in Cebu City from October 5 to 6.

Themed “LOKAL NA BAI: Building Nationwide Growth Through Regional Development,” the convention drew housing industry professionals and experts to discuss crucial topics related to housing, regional development and their impact on national progress.

Around 500 developers, policymakers, suppliers, and stakeholders from the housing industry convened during the two-day convention to explore innovative approaches for boosting economic growth at the grassroots level while contributing to broader national development goals.

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Day 2 of the convention focused on regional success stories in real estate development. It included presentations and discussions that highlighted outstanding best practices of local government units, regional strategies for real estate development, and housing legislation.

Sen. Joseph Victor “JV” Ejercito, chairman of the Senate Committee on Urban Planning, Housing, and Resettlement, addressed the legislative agenda for the housing sector during the second day of the convention.

Ejercito emphasized the need for support from the government and private sector in addressing the country’s housing needs.

He also made mention of SHDA’s involvement in the creation of the Department of Human Settlements and Urban Development (DHSUD) and said that it is the key catalyst for this backlog to be addressed.

“SHDA has been instrumental in helping us pass the landmark legislation that is the creation of the Department of Human Settlements and Urban Development. It’s a landmark legislation putting all key shelter agencies under one roof. So, from a mere coordinating council before, having a full fledged department now of the Department of Human Settlements and Urban Development is a message already in itself that the government itself is seriously addressing the housing problem in the country,” Ejercito said.

Leonardo Dayao Jr., SDHA national president said the organization is composed of 300 developers nationwide complementing the efforts of the DHSUD.

“There are several challenges that we need to coordinate with policy makers and financial institutions…. Affordability is an issue, and that’s not just the cost of production… (it) also involves … interest rates on the loans,” Dayao said.

Creative spaces of real estate were also highlighted during the panel discussion with Hanky-Lee, Innkeeper of The Henry Hotels; Kenneth Cobonpue who is an industrial designer known for his innovative designs and furniture internationally, and Slater Young, chief executive officer of Litecrete Corp. and brand ambassador of 8990.

To cap off the event, SHDA passed resolutions in the housing industry, highlighting the pivotal role in guiding policy, addressing challenges, and promoting inclusive and sustainable housing development.

 

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