HOUSING

COOPERATIVES

LEGAL BASIS:
Article 62 (13) Chapter V
Coverage

All cooperatives duly registered

with CDA under R.A. 9520.
Organization
15 or more natural persons,
Filipino, of legal age, having a
common bond of interest and
actually residing or working in the
intended area of operation may
organize
Purposes and Objectives

Refer to Rule 1 - Sec. 3

Registration Jurisdiction

File application with CDA Extension

Office which shall have jurisdiction
over the said cooperative.
Capitalization
For purposes of registration with
CDA, shall have a minimum paid-up
capitalization of P 15,000.00
 Requirements for
Registration

Refer to Rule 1-Section 7

Financing and Technical
Assistance
 The CDA in coordination with
appropriate government agencies
and financial institutions, shall
assist housing cooperatives in
availing technical & financial
assistances for its housing projects.
A special window for financing of the
housing project shall be created by the
appropriate housing agencies &
government financial institutions, the
financing to be in the form of blanket
loans or wholesale loans to qualified
housing cooperatives w/ interest rates
& terms equal or better than those
given for socialized housing projects
without need for individual processing.
 Documentary
Requirements in Availing
Technical/Financial
Assistance
 Cooperatives shall file its
application for financial assistance
with the appropriate government
financial institutions and shall comply
with all the requirements as may be
required by such government
financial institutions.
Conditions for the
Proposed Housing
Projects
1. Availability of land suitable for
housing - the land is safe &
buildable, not affected by any
government infrastructure project,
agricultural or industrial reserve.
2. Land Ownership - owned by the
cooperative or there is an ongoing
negotiation between the
landowner & the cooperative.
3. Target Beneficiaries - 30.
Membership

Open to all natural persons who

meet the qualifications for
membership as prescribed in the
cooperative by-laws.
Regulatory Power
CDA to regulate the internal affairs
of the cooperative while matters
relating to technical aspects of the
housing program & such other
similar matters affecting housing
cooperatives shall be regulated by
NHA or HLURB as the case may be.
 Joint Monitoring &
Evaluation Committee
Composed of CDA as lead
agency, NHA, HLURB, HDMF, SSS,
GSIS, LBP, DBP, concerned
cooperative sector and appropriate
government agencies & financial
institutions.
Settlement of Disputes
Inter / intra cooperative disputes
shall be resolved in accordance with
Mediation / Conciliation Mechanism
embodied in coop by-laws following
the CDA Guidelines on Mediation /
Conciliation and applicable laws.
Should the conciliation - mediation
proceedings fail, the matter may be
settled through voluntary arbitration
or in a court of competent
jurisdiction.
In cases where the disputes fall
within the jurisdiction of
NHA/HLURB the same shall be
referred to said agency and shall
be resolved in accordance with
the NHA/HLURB regulations.