Section 18 of RA 7279 or the Urban Development and Housing Act of 1992 requires every developer of subdivision projects to develop an area for socialized housing equivalent to at least twenty percent (20%) of the total subdivision area within the same city or municipality, whenever feasible, or total subdivision project cost at the option of the developer.

The Housing and Land Use Regulatory Board (HLURB) monitors the compliance of the developers of subdivision projects to the twenty percent (20%) balanced housing requirement under Republic Act 7279.    

The required balanced housing development may also be complied with by the developers in any of the following modes:

• Development of new settlement;
• Slum upgrading or renewal of areas for priority development either through zonal improvement programs and slum improvement and resettlement programs;
• Joint venture projects with either the local government units or any of the housing agencies;
• Participation in the Community Mortgage Program (CMP);
• Purchase of housing bonds; and
• Accrediting housing projects engaged and developed by non-governmental and non-profit organizations and foundations for the underprivileged and homeless sector.

Last year, HLURB issued Memorandum Circular No. 25, the guidelines for the registration and accreditation of housing project in government resettlement areas, as an additional mode of compliance to balanced housing.

For the year 2006, HLURB issued licenses to sell to a total of 2,346 projects or 187,001 units.  Of this, 48 projects or 25,579 units were the compliance of private developers to balanced housing requirement.  Also, the developers bought an amount of P53.256 million of Pag-Ibig Bonds as their alternative compliance to balanced housing.