Pinagtibay ng House Committee on Housing and Urban Development ang paglikha ng isang oversight committee on socialized and low-cost housing upang marepaso at masuri ang implementasyon ng Republic Act 9507 (Socialized and Low-Cost Housing Loan Restructuring Act of 2008).
Sinabi ni Rep. Alfredo B. Benitez (3rd District, Negros Occidental), chairman ng House Committee on Housing and Urban Development, na isinabatas ang RA 9507 upang magpatupad ng mga programa sa urban land reform and housing para makapagbigay ng murang pabahay sa mahihirap.