Housing is a basic and fundamental human need, yet millions are caught in the struggle to have a roof over their head in Pakistan. Realizing the gravity of the problem and appreciating the fact that housing is not only a social need but a productive sector of economy, the Government directed Ministry of Housing and Works to formulate a viable and effective housing policy and submit its recommendations. A Housing Advisory Board of nearly 40 members, half of them from private sector was constituted. It included all stakeholders comprising of builders, constructors, development agencies, bankers, town planners, Provincial Governments, HBFC and State Bank etc.