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HOUSING AND LAND USE REGULATORY BOARD
VISION An institution of professionals exemplifying public service with responsibility, integrity, competence and justice geared towards the attainment of well-planned and sustainable communities through the regulation of land use, housing development and homeowners associations, and the just resolution of disputes.. MISSION To promulgate and enforce policies on land use, housing and homeowners associations which promote inclusive growth and economic advancement, social justice and environmental protection for the equitable distribution and enjoyment of development benefits. MANDATES: 1. PLANNING : (EO 648; EO 72; RA 7279)  Formulation of Comprehensive Land Use Planning Guidelines  Technical assistance to LGU’s in CLUP preparation and to members of Provincial Land Use Committee (PLUC) and Regional Land Use Committee (RLUC) in CLUP review.  Review and approval of CLUPs for Highly Urbanized Cities (HUCs), Independent Component Cities (ICCs), Metro Manila cities and Provincial Physical Framework Plans (PPFPs).  Install an information system to monitor changes in the actual use of land resources and the implementation of CLUPs by LGUs.  Update and revise the National Urban Development and Housing Framework.  Train LGUs in subdivision plan approval and zoning enforcement. 2. REGULATION: (EO 648; EO 90; EO 71; EO 72; PD 957, 1216, 1344; BP 220; RA 7899; RA 9904; RA8763 (Sec.26));  Register and license subdivision and condominium projects, farm lots, memorial parks and columbaria.  Monitor development and construction of registered/licensed projects.  Update and revise rules, guidelines and standards on housing and real estate.  Approve Master Deed and Declaration of Restrictions of condominium project, and any amendment or revocation thereof decided upon by a simple majority of all registered owners (concurrently with City or Municipal Engineer).  Issue Locational Clearances for projects considered to be of vital and National or Regional Economic or Environmental significance.  Register and supervise HOAs.  Register real estate brokers, dealers and salesmen engaged in selling projects under HLURB jurisdiction. 3. ADJUDICATION: (EO 648; RA 9904, 8763 (Sec. 26))  Disputes between subdivision lot or condominium unit buyer and developer.

 

Intra- and Inter-Homeowners associations disputes. Appeals from decisions of local zoning bodies.

HOME GUARANTEE CORPORATION
HGC Mandates:




  

To guarantee the payment of any and all forms of mortgages,loans and other forms of credit facilities and receivables arising from financial contracts exclusively for residential purposes and the necessary support facilities, (provided they have been issued HGC Guarantees); To assist private developers to undertake socialized, low and medium cost mass housing projects by encouraging private funds to finance such housing projects through a viable system of long-term mortgages, guaranties and other incentives. To promote homebuilding and landownership, giving primary preference to the homeless and underprivileged sectors of the society. To promote housing by the aided self-help method; To pursue the development and sustainability of a secondary mortgage market for housing. - Republic Act No. 8763,2000



To administer the Cash Flow Guaranty System of the Abot-Kaya Pabahay Fund. - Republic Act No. 6846,1990 Social Housing Support Fund Act (Abot Kaya Pabahay Fund Act)



To supervise and regulate building and loan associations. - Republic Act No. 8763,2000 Republic Act No. 8791,2000 General Banking Law

DESCRIPTION OF SERVICE Processing of guaranty line application, interchangeably known as guaranty facility, under RA No. 8763 involves the determination of the eligibility of a financial institution for the guaranty and incentives provided under the law. The Guaranty line extended to the financial institution by the HGC, is a facility whereby the housing-related loans and financial transactions may be enrolled for guaranty coverage.

CLIENTS Banks, Building and Loan Associations, Investment House, Trust Companies, Insurance Companies, Lending institutions, Cooperatives, Microfinance entities, and Housing Developers that provide funds for homebuyers and housing developments.

REQUIREMENTS A. FOR BANK APPLICANT 1. COMPANY PROFILE 1. Company background 2. SEC Registration & Articles of Incorporation & By-Laws 3. Shareholders with breakdown of shares of stocks (Authorized, Subscribed & Paid-up) 4. Principal officers & their bio-data 5. Organizational Structure 6. Secretary's Certificate evidencing Board's approval for a guaranty line application. 7. Services offered 2. FINANCIALS 1. Audited Financial Statements for the past three (3) years 2. Certification on CAMELS rating with authority for HGC to verify with the BSP 3. CREDIT POLICIES & GUIDELINES FOR HOME LENDING AND DEVELOPMENTAL LENDING PROGRAM 4. PROSPECTIVE ENROLLMENTS in terms of 1. Value of Housing Loans Portfolio 2. Interest Rate Setting and current rate 3. Collection Efficiency for housing loans B. FOR NON-BANK FINANCIAL INSTITUTION 1. COMPANY PROFILE 1. Company background 2. SEC Registration & Articles of Incorporation & By-Laws for Corporations; Articles of Partnership for Partnerships; DTI Registration Certificate for Sole Proprietors 3. Shareholders with breakdown of authorized, subscribed & paid-up shares of stocks (for Corporations) 4. Secretary's Certificate evidencing Board's approval for a guaranty line application (for Corporations)

5. Principal officers & their bio-data 6. Organizational Structure 7. Services Offered 2. FINANCIALS 1. Audited Financial Statements for the past three (3) years 3. CREDIT POLICIES & GUIDELINES FOR HOME LENDING AND DEVELOPMENTAL LENDING PROGRAM 4. PROSPECTIVE ENROLLMENTS in terms of 1. Value of Housing Loans Portfolio 2. Interest Rate Setting and current rate 3. Collection Efficiency for housing loans C. FOR REAL ESTATE DEVELOPERS 1. COMPANY PROFILE 1. Company background 2. SEC Registration & Articles of Incorporation & By-Laws for Corporations; Articles of Partnership for Partnerships; DTI Registration Certificate for Sole Proprietors 3. Shareholders with breakdown of authorized, subscribed & paid-up shares of stocks (for Corporations) 4. Principal officers & their bio-data 5. Organizational Structure 6. Secretary's Certificate evidencing Board's approval for a guaranty line application (for Corporations) 7. List of creditors, contractors, suppliers and relationship-banks indicating the name of contact person and telephone number 8. List of completed and on-going projects including location, type of development, selling price and period of development 2. FINANCIALS 1. Audited Financial Statements for the past three (3) years 3. CREDIT POLICIES & GUIDELINES FOR HOME LENDING AND DEVELOPMENTAL LENDING PROGRAM 4. PROSPECTIVE ENROLLMENTS in terms of 1. Buyers’ eligibility 2. Downpayment 3. Term of the CTS 4. Interest rate 5. Credit Management Structure 6. Approving Authority

HOME DEVELOPMENT MUTUAL FUND
HDMF LAW OF 2009

Recognizing HDMF's contributions through the years and the need to further strengthen its capability as the biggest source of housing finance in the country to date, President Gloria Macapagal-Arroyo signed into law Republic Act No. 9679 or the Home Development Mutual Fund Law of 2009. The law was signed on 21 July 2009. Under the new HDMF law, membership to the Pag-IBIG Fund is made mandatory for all SSS- and GSIS-covered employees; uniformed members of the AFP, BFP, BJMP and PNP; as well as Filipinos employed by foreign-based employers. Now more than ever, Filipino workers will enjoy the benefits that are available only to Pag-IBIG members. Likewise, the law grants the HDMF exemption from tax payments like other government provident institutions. With its tax-exempt status reinstated, Pag-IBIG will have more funds to finance housing and short-term loans as well as investments in government securities. Income from these endeavors is distributed exclusively to Pag-IBIG members in the form of dividends. The HDMF Law of 2009 also gives the Board of Trustees the authority to set the contribution rates, thereby paving the way for members to save more for their future. Similarly, this will bolster the Fund's resources for home financing. Pag-IBIG is an acronym which stands for Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industria at Gobyerno. To this day, the Pag-IBIG Fund continues to harness these four sectors of the society to work together towards providing Fund members with adequate housing through an effective savings scheme.

NATIONAL HOME MORTGAGE FINANCE CORPORATION
The National Home Mortgage Finance Corporation was created in 1977 by virtue of Presidential Decree 1267, with the mandate of increasing the availability of affordable housing loans to finance the Filipino homebuyer acquisition of housing units through the development and operation of a secondary market for home mortgages. Consistent with this mandate NHMFC bought mortgages originated by private financial institutions, and eventually sold them back to the public through the issuance of mortgage backed financial instruments.


Provide liquidity to the housing sector through securitization of mortgages/assets.



Promote stability to the housing finance housing finance system through participation in the capital market. Establish an efficient and effective organization with a professional workforce utilizing best practices. Maintain efficiency in operation and efficacy in financial management to ensure sustainability of its programs. Manage its subsidiaries efficiently and effectively.







NATIONAL HOUSING AUTHORITY
The National Housing Authority (NHA) is the sole national agency mandated to engage in housing production for low income families. It traces its roots to the People's Homesite Corporation (PHC), the first government housing agency established on 14 October 1938 and to the National Housing Commission (NHC) which was created seven years later, on 17 September 1945. These two agencies, the PHC and the NHC, were eventually merged on 4 October 1947 into the People's Homesite and Housing Corporation (PHHC). Mission: "We provide decent, adequate, and affordable housing to the greatest number of people and ensure the provision of community facilities and utilities and social services and economic opportunities." Vision: "Building Homes, Building Safe, Resilient and Sustainable Communities." Corporate Objectives:
  

To provide and maintain adequate housing for the greatest possible number of people. To undertake housing development, resettlement, or other activities that would enhance the provision of housing to very Filipino. To harness and promote private participation in housing ventures in terms of capital expenditures, land, expertise, financing and other facilities for the sustained growth of the housing industry. (Presidential Decree 757, Section 3)

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