Communities and Children Secretary Carl Sargeant launched the pact during a visit to housing developer Edenstone Homes, along with representatives of both organisations, on Monday, 12 June.
The pledge, which sets out a number of commitments for all parties to deliver against housing targets, builds on the House Builders’ Engagement Programme which was established by the Welsh Government and the HBF in 2014. The FMB will joint the partnership and represent firms building on a smaller scale.
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Mr Sargeant said the agreement will "help deliver on our commitment to increase housing supply".
"It signals a positive step forward, and reflects our strong relationship with the house builders, which is vitally important to ensure the successful delivery of market and affordable housing across Wales," he said.
"I look forward to continue working them to ensure the people of Wales are provided with the homes they need."
Stewart Basely, executive chairman of HBF said: "The Pact provides a framework for housebuilders to work with the Welsh Government to develop policies that will allow desperately needed homes to be delivered. Together we need to create an environment that allows the industry to invest in the land, people and supply chains required to increase output to meet the acute demand for housing."
Ifan Glyn, Director FMB Cymru, added: "Although in-roads have been made of late, a lot of work needs to be done if we are to build the numbers of homes required to meet demand. This pact brings together the main players that need to work closely if we are to achieve this objective."
(LM/MH)
