The Department, Agencies, and the Laws + Housing Delivery Systems + Market Analysis

RA no 11201

Department of Human Settlements and Urban Development

RA 9679

Home Development Mutual Fund

Pah-IBIG

RA 8763

HOme Guarantee Corporation

PD 757

NHA

PD 1267

National Home Mortgage Finance Corporation (NHMFC)

Batas pambansa Blg 220

Economic and Socialized Housing

PD 957

Subdivision and Condominium Buyer’s’ Protective Decree

PD 1216

Defining Open Space in Residential Subdivision

RA 4726

The Condominium Act

PD 1096

National Building Code of the Philippines

PD 1185

Fire Code of the Philippines

RA 7279

Urban Development and Housing Act

RA 7160

Local Government COde of 1991

Universal Declaration of Human Rights of 1948

Health and well-being of himself and his family, including food, clothe, housing, and medical care and necessary social services

1987 Philippine Constitution (Art.13, Sec.9)

make available at affordable cost decent housing and basic services to underprivileged and homelless citizens in urban centers and resettlement areas.

1987 Philippine Constitution (Art.13, Sec.10)

Shall not be evicted nor their dwellings demolished, except in accordance with law and in a just and human manner.

Without adequate consultation with them and the communities where they are to be relocated.

PD 957 (definition)

protect buyers welfare from all types of real estate misrepresentations

9%

high density or socialize housing (66-100)

7%

medium density of ecnomic housing (21-65)

3.5%

low density or open market housing (20)

RA 7160 (definition)

decentralize governance and allow autonomy for local government units (LGUs)

RA 4726 definition

defines a condominium, establish requirements for its creation and govern its cases

Open Markey System

Middle to High Income Markets

Private developers, driven by profit motive

Government Subsidized System

lowest income segment and informal settlers

Joint Venture Arrangement (PPPs)

Partnership between Private and Public sectors

Specialized Mechanism

residents are the owners, developers and managers of

Strategy S: Sites and Services

the family builds the housee incrementally over time

build a little pay a little

Strategy B: Slum Upgrading/In Situ Development

improve the settlement where it is- no relocation

Strategy C: Relocation and Off-Site Development

Transfer to a new, fully developed community outsid ethe original site.

Strategy: Medium Rise Buildings (MRBs)

4 to 12 stories used in land scarce urban centers

NHA Housing Projects in Bulacan

far from job centers

without adequate water, electricity, schools or health centers

Vitas Tenement Housing Project (Tondo Manila)

lack of maintenance

Bistekville Projects (QC)

LGUs are the most effective implementers of in city social housing because they control land use and are closer to the needs of the beneficiaries.

Community Led Housing (Manggahan Floodway)

genuine community participation (People’s Plan)

Mortgage

conditional pledge of property to a creditor as security for performance of an obligation or repayment of a debt.

Collateral

property acceptable as security for a loan or other obligation

Foreclosure

legal action to bar a mortgagor’s claims to property after default has occurred

Amortization

the systematic and contnuous payment of an obligation through installments

Term

The time limit

Debt Service

a term normally associated with commercial loans; it means the periodic payment of principal and interest

Development Loan

money loaned for the purpose of imrpoving land

Construction Loan

a type of mortgage loan to finance construction

Source of House Financing

Government Loans for low to medium cost housingPrivate Financing

3 Types of government House Financing System

Individual Homeowners Financing

Community Financing

Developers Financing