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NREA-DHSUD National Convention highlights affordable housing opportunities for OFWs

Metro Manila skyline during the day. (For illustrative purposes only)

The 29th National Real Estate Association (NREA) and Department of Human Settlements and Urban Development (DHSUD) National Convention placed a spotlight on the housing needs of overseas Filipino workers (OFWs), emphasizing the importance of accessible and affordable homeownership for returning Filipinos and their families.

Held on March 7, 2025, in Makati, the convention brought together around 400 participants, including local government officials, real estate professionals, and industry experts. With the theme “Elevating Philippine Real Estate Innovation, Sustainability, and Inclusive Growth,” the event tackled key housing policies, real estate regulations, and sustainable urban development.

Panels covered topics such as strengthening local governance in housing, OFWs’ contributions to real estate, and regulatory updates, highlighting collaboration between the government and private sector in addressing housing challenges.

Speaking at the event, OFW Partylist Representative Marissa Del Mar Magsino said migrant workers who contribute millions of dollars in remittances to the country, should have equal opportunities to secure decent housing for their families.

“In collaboration with stakeholders, we continue to strengthen our initiatives to ensure that no OFW or their families are left behind from their return home to reintegration,” she said.

The two-day convention emphasized the importance of sustainable and inclusive real estate development, with experts from Pag-IBIG Fund, the Bureau of Internal Revenue, the Anti-Money Laundering Council, and other key institutions sharing insights on building resilient communities.

NREA chairperson Imelda Magtoto hailed the event as a success, saying it fostered meaningful discussions that would help shape the future of the Philippine real estate sector.

The NREA and DHSUD reaffirmed their commitment to tackling housing challenges and promoting a more inclusive and innovative real estate industry.

Staff Report

The Filipino Times is the chronicler of stories for, of and by Filipinos all over the world, reaching more than 236 countries in readership. Any interesting story to share? Email us at [email protected]

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