Housing and the

Delivery Process
Pag –IBIG – Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at
Gobyerno – HDMF – created by virtue of Presidential Decree No. 1530 on
June 11, 1978
HUDCC (Ministry of Human Settlement) – Housing and Urban Development
Coordinating Council – Executive Order No. 90 – NHA, Home Guaranty
Corporation (HGC), National Home Mortgage Finance Corporation (NHMFC),
HLURB
Home Guaranty Corporation –
NHA – established by virtue of PD 757 dated July 31, 1975
- Mandated by EO No. 90
- - sole government agency to engage in shelter production, focusing its
efforts to provide to homeless, low-income Filipino families
- Upgrading of sites and services
GSIS – created by Commonwealth Act No. 186 passed on November 14, 1936
NSP – National Shelter Program
A. Direct Housing
1. Housing production
2. Community programs
3. Development loans
B. Indirect housing
4. Home Mortgages
5. Guarantees
Agencies since 1950’s
NHA – upgrading sites and services
HSDC – Human Settlements Development Corporation – shelter production and New Town and Estate
development
HSRC – Human Settlements Regulatory Commission – regulates subdivision developments and socialized
housing construction
NPCC – National Pollution Control Commission
NEPC – National Environmental Planning Council
HFC – Housing Finance Corporation – Provide mortgages insurance or guarantees to encourage private banks
and financial institutions to grant housing loans on easy terms of payment
NHMFC – National Home Mortgage Finance Corporation – acted as secondary market for housing morgages
HDMF – provident savings fund maturing 20 years
House Categories under Housing and Urban Development and Coordinating Council (HUDCC)
Memorandum circular No. 4 s. 2006 – selling price of the units.
Socialized Housing – lowest priced housing units in the category. Typically houses are row type with
no amenities. The roads are narrow, and in many cases, no sidewalks
Price range – 300,000 pesos or below
Lot Area – 30 sq meters to 50 sq. meters
Floor Area – 18 sq. meters to 30 sq. meters
Low Cost Level 1 – houses are usually bare or box type with only one toilet and bath, and the home
interior are left for the buyer to improve. Sometimes the community would have a few amenities
Price range – 300,000 pesos to 1,250,000 pesos
Lot area – 50 sq. meters to 100 sq. meters
Floor area – 35 sq. meters to 55 square meters
Low Cost Level 2 – houses are finished with minimum of 2 bedrooms, usually with swimming pool or
clubhouse as standard amenities of this type of community
Price range – 1,250,000 pesos to 3,000,000 pesos
Lot area – 100 square meters to 150 square meters
Floor area – 80 sq. meters to 120 sq. meters
Medium Cost – has improved amenities like guard house, entrance
gate perimeter fence, club house and play courts plus usual swimming
pool. Houses are of much better than the previous categories
Price range – 3,000,000 pesos to 4,000,000 pesos
Lot area – minimum of 100 sq. meters
Floor area – minimum of 70 sq. meters
Open Market – development is sometimes referred to as high-end. Has
amenities in the Medium Cost projects and even better ones. Buyers are
mostly educated, have money and know what they are buying. In many
cases, the buyers are the ones who hire their own architects to design
the house according to their preferences.
Price range – from 4,000,000 pesos and above
HLURB – Housing and Land Use Regulatory Board – triad strategies – policy
development, planning and regulation.
- encouraging grater private sector participation in low- cost housing through
liberalization of development standards, simplification of regulations and
decentralization of approvals for permits and licenses.
HGC – Home Guaranty Corporation – GOCC mandated by RA 8763
home ownership to middle and low-income families
Home Development Mutual Fund (HDMF, also known as Pag-IBIG Fund)
- A Philippine government owned and controlled corporation under the HDCC
responsible for the administration of national savings program and affordable
shelter financing for Filipinos employed by local and foreign based employers as
well as voluntary and self-employed members. It offers its members short-term
loans and access to housing programs. To provide its members with adequate
housing through an effective saving scheme it harnesses theses four sectors of
Philippine Society: financial institutions, industrial sector, the government, and
the Filipino people.
- Created to address 2 basic concerns of the nation: a. the generation of savings
and b. providing shelter for Filipino workers
National Home Mortgage Finance Corporation (NHMFC) – created in 1977 by PD
1267 – mandate to develop and operate a secondary market for home mortgages.
Programs and Services:
Housing Loan Receivables Purchase Program – HLRPP – an alternative venue for
housing developers, banks, LGU, cooperatives and other financial institutions with
housing programs to sell qualified housing receivables directly to NHMFC
Reverse Mortgage Program (RMP) – a financial product which specifically caters to
Senior Citizens where senior citizens can convert a portion of their home equity
into cash to address their needs.
e-Payment Service for Juan and Juana – method of paying monthly amortization
through a cellphone
Social Housing Finance Corporation (SHFC) – created through EO 272. it shall be the
lead government agency to undertake social housing programs that will cater to the
formal and informal sectors in the low-income bracket and shall take charge of
developing and administering social housing programs schemes, particularly the
Community Mortgage Program (CMP) and the Abot Kaya Pabahay Fund (AKPF)
Program
Other Agencies Offering Housing Loans
• Social Security System (SSS) – private sector. Loans include salary loans,
business loans and housing loans. Maximum offer 2 million pesos
• Government Service Insurance System (GSIS) – created by Commonwealth
Act 186, passed 1936, amended under RA 8291 in 1997 – for government
employees. Compulsory life insurance, optional life insurance, retirement
benefits, disability benefits for work-related contingencies, and death
benefits for its government-worker members.
- Offers housing loan through – GSIS Family Bank Home Loans, Home Loans
through PAGIBIG
Postbank – Philippine Postal Savings Bank – government owned thrift bank
Landbank – Landbank of the Philippines – government financial institution
that strikes a balance in fulfilling its social mandate of promoting countryside
development while remaining financially viable