AGENCIES INVOLVED IN SHELTER Flashcards
An office mandated to coordinate and supervise the
government’s housing agencies. It is also tasked in monitoring the performance of the housing sector, and involved in policy formations.
Housing and Urban Development Coordinating
Council (HUDCC)
The insurance system tor the private sector, where coverage is compulsory upon all employees not over sixty years of age.
Social Security System (SSS)
The insurance system for the Public sector or the government employees.
Government Service Insurance System (GSIS)
A provident savings fund housing open to most private agencies.
PAG-IBIG Fund
This is administered by NHMFC from funds contributed by SSS, HDMF and GSIS.
UHLP United Home Lending Program
This office administers the PAGIBIG Fund, it entitles Pag-ibig members who are public and private employees as well as the self-employed to housing loans.
HDMF Home Development
Mutual Fund
The agency mandated to administer take-outs of buyers originated by banks and developers faced with administrative problems in loan processing. It also provides construction and development finance for housing.
NHMFC National Home Mortgage Finance
Corporation
The agency, tasked for the building of housing units and residential condominiums. Facilitates joint venture projects among landowners, developers,
financial institutions and local governments.
NHA National Housing Authority
This agency takes care of insuring the subdivisions and is also a lending entity.
HIGC Home Insurance Guarantee Corporation
The government’s principal regulatory body in housing and land development. It is to enforce, implement, and coordinate the land use policies and regulations on human settlements, including building rental laws.
HLRB Housing and Land Use Regulatory Board
Lead government agency tasked to develop and implement social housing programs for low income groups in the formal and informal sectors, specially the underprivilege and homeless in order to uphold their right to adequate through flexible, affordable, innovative and responsive shelter financing and development/ production solutions that are community driven.
The Social Housing Finance Corporation (SHFC)