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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 ...
Republic Act No. 11201 signed by President Rodrigo Duterte on February 14, 2019. The law creating the Department of Human Settlements and Urban Development (DHSUD), Republic Act No. 11201, was signed into law by President Rodrigo Duterte on February 14, 2019, with the signing announced to the public by the government on February 19, 2019.
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 ...
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 Executive Order No. 90, Series of 1986.
Washington’s top diplomat and defense chief announced $500 million in new military funding Tuesday to boost the Philippines' external defense and progress on a proposed military intelligence ...
Utilities such as water and electricity are not yet available in some housing units. As of March 2017, 1,848 out of 9,128 houses were completed by the National Housing Authority (Philippines) (NHA). [8] The 2017 Pandi housing takeover is sometimes seen as part of the global Occupy movement and its opposition to social and economic inequality ...
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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.