PHILIPPINE PERSPECTIVE ON HOUSING

Question 1

Factors affecting housing needs

Answer 1

1. Climate
2. Location
3. Cost
4. Taste
5. Lifestyle

Question 2

What are the common problems of each
Filipino that hinders majority of the
population to acquire a decent house?

Answer 2

1. Migration of people from
   rural areas to urban areas
2. Robust population growth
3. Poverty
4. Unemployment
5. Industrialization
6. Minimum Wage
7. Living Conditions

Question 3

• Created through Executive Order No. 90,
  this agency is the highest policy making
  and coordinating office on shelter.
• It is an umbrella organization which
  consists of heads of four housing agencies

Answer 3

HOUSING AND URBAN
DEVELOPMENT
COORDINATING COUNCIL
(HUDCC)

Question 4

• A government-owned and controlled
  corporation operating under the policy
  and administrative supervision of the
  HUDCC.
• The sole government agency to engage in
  shelter production, focusing its efforts to
  provide to homeless, low-income Filipino
  Families

Answer 4

NATIONAL HOUSING
AUTHORITY (NHA)

Question 5

• Commonly known as PAG-IBIG Fund
  (Pagtutulungan sa Kinabukasan:
  Ikaw, Bangko, Industriya at Gobyerno)
• To provide its members with adequate housing
  through an effective savings scheme.
• This agency harnesses these four sectors of
  Philippine Society: Financial institutions,
  Industrial Sector, the Government and the
  Filipino People.
• This was created to address two of the nation’s
  basic concerns: The generation of savings and
  providing shelter for Filipino workers.

Answer 5

HOME DEVELOPMENT
MUTUAL FUND (HDMF)

Question 6

• A National Government Agency tasked as
  the planning, regulatory and quasi-judicial
  body for land use development and real
  estate, and housing regulation.
• These roles are done via a triad of
  strategies, namely, policy development,
  planning, and regulation.

Answer 6

HOUSING AND LAND USE
REGULATORY BOARD (HLURB)

Question 7

• A government-owned and controlled
  corporation mandated by law (RA 8763) to
  promote sustainable home ownership by
  providing risk coverage or Guarantees and
  tax/fiscal incentives to banks and financial
  institutions/investors granting housing
  development loans or credits, and home
  financing
• This agency focuses on promoting home
  ownership to middle and low-income families.

Answer 7

HOME GUARANTY
CORPORATION (HGC)

Question 8

Mandate of increasing the availability of
affordable housing loans to finance the
Filipino homebuyer through acquisition of
housing units through the development
and operation of a secondary market for
home mortgages.

Answer 8

NATIONAL HOME MORTGAGE
FINANCE CORPORATION
(NHMFC)

Question 9

• Mandated to undertake social housing
  programs that will cater to the formal and
  informal sectors in the low-income bracket
• Mandated to take charge of developing and
  administering programs, particularly the
  Community Mortgage Program (CMP) and the
  Abot-Kaya Pabahay Fund (AKPF) Program.

Answer 9

SOCIAL HOUSING FINANCE
CORPORATION (SHFC)

Question 10

must be considered in
choosing the right home for maximum
appreciation of comfort and
economical impact.

Answer 10

Climate

Question 11

greatly affects the
household as its vicinity and
proximity to access basic goods
and commodities must be
considered.

Answer 11

Location

Question 12

It is a great factor in choosing the right
home for everyone, as this has a big
impact in the long term.

Answer 12

Cost

Question 13

• This is the sense of what is fitting,
  harmonious or beautiful.
• This is more of a personal factor as
  this is based on one’s prerogative
  on his/her preferences and
  choices.

Answer 13

Taste