ra 7279

Affordable Cost

the most reasonable price of land and shelter based on the needs and financial capability of Program beneficiaries and appropriate financing schemes.

Areas for Priority Development

areas declared as such under statutes and executive issuances.

Blighted Lands

areas where the structures are dilapidated, obsolete and unsanitary, tending to depreciate the value of the land and prevent normal development and use of the area.

Consultation

process where the public has opportunity to be heard and participate in decision-making.

Idle Lands

non-agricultural lands in urban and urbanized areas on which no improvements, as herein defined, have been made by the owner, as certified by the assessor.

Improvements

buildings, walls, fences, structures or constructions of all kinds; but shall not include trees, plants and growing fruits, and other fixtures. Value at least 50% of the assessed value of the property.

Joint Venture

agreement by 2 or more persons, companies, to combine their funds, land resources, facilities and services for a specific purpose or project.

Land Assembly or Consolidation

refers to acquisition of separate lots of various ownership through purchase or expropriation for the purpose of planned and rationalised developments and socialized housing programs.

Land Banking

refers to acquisition of land at values based on existing use in ADVANCE of actual need to promote planned development and socialized housing.

Land Swapping

the exchange of land for another piece of landor for shares of stock in the government or quasi-government corporation to provide socialised housing.

Land Use Plan

rational approach of allocating land resources among competing users.

On-site Development

upgrading and rehabilitation of blighted slum areas to minimize displacement.

Professional Squatters

squatters who have sufficient income for legitimate housing; persons who have been previously awarded home lots; non-bonafide occupants and intruders of lands for socialised housing.

Resettlement Areas

areas identified for the relocation of the underprivileged and homeless.

Security of Tenure

protection to qualified Program beneficiaries against infringement or unjust eviction.

Slum Improvement and Resettlement Program or SIR

NHA program of upgrading and improving blighted squatter areas OUTSIDE OF METRO MANILA.

Small Property Owners

those whose only real property consists of residential lands not exceeding 300 sq.m. in highly urbanized cities and 800 sq.m. in other urban areas.

Socialized Housing

housing programs for the underprivileged and homeless citizens.

Squatting Syndicates

persons engaged in the business of squatter housing for a profit.

Underprivileged and Homeless Citizens

beneficiaries of this Act; those in urban and urbanised areas whose income falls within the poverty threshold as defined by NEDA and who do not own housing facilities.

Unregistered or Abandoned Lands

lands in urban or urbanized areas not registered with the RD or with the Assessor's office, or which are uninhabited, appears unutilized for 3 CONSECUTIVE YEARS, before issuance and receipt of publication of notice of acquisition by the government.

Urban Areas

all cities, municipalities with population density of at least 500 persons per sq.km.

Urbanizable Areas

lands which display marked and great potential of becoming urban within 5 years.

Zonal Improvement Program or ZIP

NHA program of upgrading and improving blighted squatters area.

Balanced Housing Development, 20%

developers shall be required to develop an are for socialized housing at least ____ of the total subdivision area or project cost, either within the project or the same city or municipality.

6 years, P60,000, P100,000

Action Against Professional Squatters and Squatting Syndicates. — LGUs, PNP, the Presidential Commission for the Urban Poor (PCUP), shall adopt measures to curtail professional squatters and squatting syndicates. Professional squatters or members of squatting syndicates shall be imposed the penalty of _____ imprisonment of a fine of not less than _________ but not more than __________, or both, at the discretion of the court.

30 days

Notice upon the effected persons or entities at ______ prior to eviction

45 days, 60 days

In cases of eviction and demolition pursuant to a court order, relocation shall be undertaken by the LGU and NHA within _____ from service of notice of final judgment by the court; if not possible within the said period, financial assistance equivalent to _____ of the prevailing minimum daily wage shall be extended.

Community Mortgage Program

is a mortgage financing program of the NHMFC which assists legally organized associations of underprivileged and homeless citizens to purchase and develop a tract of land under the concept of community ownership.

3 months

Beneficiaries under the CMP shall not be evicted nor dispossessed of their lands or improvements unless in arrears in amortizations for ________ .

Socialized Housing Tax, 0.5%, P50,000

All LGUs to impose an additional _______ tax on the assessed value of all lands in urban areas in excess of __________.

Asset-Backed Securities

certificates issued by a special purpose entity in accordance with R.A. 9267, or the "Securitization Act of 2004".

Compliance Project

the socialized housing project, multi-level, medium-rise housing project, or condominium project sold at the prevailing price ceiling for socialized housing, or other developments utilized to comply with the balanced housing development required under Section 18 of R.A. No. 7279

Land Development

refers to land clearing and grubbing, road construction, installation of power and water distribution system, construction of drainage and sewerage system, and other developments contained in the. approved plans and/or in the brochure and advertisement.

Main Subdivision Project

the proposed subdivision project which shall be the basis for computing the twenty percent (20%) balanced housing development required under Section 18 of RA 7279.

Rehabilitation

repair and restoration of socialized housing units or projects which are already nonperforming assets of government housing agencies.

Socialized Housing Project

residential subdivision, multilevel and medium rise housing projects, and condominium projects complying with BP 220 and prevailing price ceiling for socialized housing.

Solidary Liability

obligation of the main developer to comply with the balanced housing requirement in case the developer of the compliance project shall fail to do so.

Subdivision Project

a registered tract or a parcel of land registered partitioned primarily for residential purposes into individual lots with or without improvements thereon, and offered to the public.

Takeover Development

HLURB to cause the development and completion of the project at the expense of the owner or developer, jointly and severally, if the owner or developer has failed to do it.

Total Subdivision Area

gross land area for subdivision without housing component; or gross land area plus the aggregate floor area of all housing units of subdivision projects with housing components.

Total Subdivision Project Cost

(i) raw land, based on the zonal value at the time of application for subdivision development permit, (ii) land development, and (iii) housing component construction.