QUEZON CITY – Department of Human Settlements and Urban Development (DHSUD) Secretary Eduardo Del Rosario believes that the recently created National Human Settlements Board (NHSB) can address the challenges facing the housing industry.

Secretary Del Rosario expressed the optimism as the board, which he chairs, represents 10 key agencies of the government which also have a stake in the development of the housing sector.

“With practically all hands on board, I am very optimistic that the disconnect between the Philippine Development Plan with regards to housing targets and the corresponding budgetary allocation of DHSUD will be adequately addressed,” he said.

The NHSB is made up of the Department of Finance, Department of Budget and Management, the National Economic and Development Authority, the Department of Public Works and Highways and the Department of Interior and Local Government.

The DHSUD and its attached agencies namely the Home Mutual Development Fund or Pag-Ibig Fund, the Social Housing Finance Corporation, the National Housing Authority, the National Home Mortgage Finance Corporation and the Human Settlements Adjudication Commission are also part of the board.

Secretary Del Rosario said the body’s actions should be set into motion once its Technical Working Committee (TWC) is created.

“Together, the NHSB and its TWC make a formidable and well-rounded body that will set the tone and direction of the Philippine housing sector for years to come,” he said.

Describing the NHSB as a “super body,” Secretary Del Rosario said the board will act as a centralized hub that will harmonize regulations, policies and strategies meant to resolve the country’s housing problems.

“The NHSB is envisioned to serve as the ‘nerve-center’ that will synchronize and align all housing policies and programs for effective implementation – from regulation to financing and production,” the housing czar said.

“With these national government agencies on board, this ‘super body’ is like a well-oiled machine moving towards one direction,” he added.

Late last month, Secretary Del Rosario spearheaded the board’s inaugural meeting via a video conference wherein its officials and members took their oaths of office administered by Senate Committee on Urban Planning, Housing and Resettlement Chairman Sen. Francis Tolentino, who was also the guest speaker. -30-