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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 ...
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 Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG Fund (acronym of its Filipino name: Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno [a]), is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable ...
The use of the NHTSPR has led to 4.4 million poor households being enrolled in Pantawid Pamilyang Pilipino Program or the Philippine conditional cash transfer program, and the poor elderly receiving social pensions. [4] It has also led to 4,000 health cards being distributed which provide state-run health insurance for poor families. [5]
The Community Mortgage Program (CMP) was set up following the People Power Revolution of 1986. [1]: 56–7 It aims to help low-income families who are squatting to find secure tenure by establishing community associations to buy land, to set up infrastructure and to build houses. [1]
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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. [4] NHA gate NHA corporate center, Vertis North
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