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The government announced that it will provide a 5% annual interest to the beneficiaries of the low-cost housing program for 10 years. [5] In December 2023, Pag-IBIG approved ₱ 12 billion credit line for the National Housing Authority, which will finance the development of 9,110 housing units nationwide (4,111 units in Quezon City , 1,377 in ...
Pag-IBIG Fund was founded by virtue of Presidential Decree No. 1530 [1][2] which was signed by President Ferdinand E. Marcos on June 11, 1978, to answer the national need for savings program and affordable housing financing. [3] Its original purpose was solely as a provident fund to encourage savings among Filipinos.
Website. dhsud.gov.ph. The Department of Human Settlements and Urban Development (Filipino: Kagawaran ng Pananahanang Pantao at Pagpapaunlad ng Kalunsuran), abbreviated as DHSUD, is the executive department of the Philippine government responsible for the management of housing and related development in the Philippines. [2] The department is ...
The National Housing Authority (NHA) is a government agency responsible for public housing in the Philippines. Established on July 31, 1975, it is organized as a government-owned and controlled corporation under the Department of Human Settlements and Urban Development as an attached agency. [4] NHA gate.
Website. www.sss.gov.ph. The Social Security System (SSS; Filipino: Paseguruhan ng mga Naglilingkod sa Pribado) [4] is a state-run social insurance program in the Philippines to workers in the private, professional and informal sectors. SSS is established by virtue of Republic Act No. 1161, better known as the Social Security Act of 1954.
Then in 2004, Social Housing Finance Corporation (SHFC) was created through Executive Order Number 272 and the CMP alongside other housing initiatives was moved under its control. [ 3 ] In the 1990s, individual families could get loans to fund housing construction, namely 30,000 pesos for undeveloped land, 45,000 pesos for developed land and ...
Headquarters. 9/F BDO Plaza, Paseo de Roxas, Makati. Agency executive. Sec. Jose Acuzar, Chairman. Website. www.hudcc.gov.ph. The Housing and Urban Development Coordinating Council (HUDCC) was the umbrella agency of various housing and development offices of the Philippine government. It was established by President Corazon Aquino through ...
The Comprehensive Agrarian Reform Program, more commonly known as CARP, is an agrarian reform law of the Philippines whose legal basis is the Republic Act No. 6657, [1] otherwise known as the Comprehensive Agrarian Reform Law (CARL), signed under the administration of President Cory Aquino. [2] It is the redistribution of private and public ...