HDMF Law of 2009

NATIONAL COLLEGE OF SCIENCE & TECHNOLOGY
Amafel Building, Aguinaldo Highway, Dasmarias, Cavite

Tel. No.: (046)416-6278 Telefax: (046)416-0166 Mobile No.:+63918-888-6278
www.ncst.edu.ph
ENGINEERING DEPARTMENT
BS Architecture Program
S.Y. 2015-2016, 1st Semester
History of Architecture 3
RESEARCH FOR
HOUSING
COMPANIES
Submitted by: Rubia, Jan E.

Bs Arch.31E1
Submitted to: Ar. Serafin A. Ramento III
1. HDMF (Home Development Mutual Fund)

A. Company Profile
The birth of the Home Development Mutual Fund (HDMF), more
popularly known as the Pag-IBIG Fund, was an answer to the need for a
national savings program and an affordable shelter financing for the
Filipino worker. The Fund was established on 11 June 1978 by virtue of
Presidential Decree No. 1530 primarily to address these two basic yet
equally important needs. Under the said law, there were two agencies
that administered the Fund. The Social Security System handled the
funds of private employees, while the Government Service Insurance
System handled the savings of government workers.
Less than a year after on 1 March 1979, Executive Order No. 527 was
signed. The order directed transferring the administration of the Fund
to the National Home Mortgage Finance Corporation, which was one of
the operating agencies of the then Ministry of Human Settlements.
Seeing the need to further strengthen the stability and viability of
the two funds, Executive Order No. 538 was issued on 4 June 1979,
merging the funds for private and government personnel into what is
now known as the Pag-IBIG Fund. However, It was only on 14 December
1980 when Pag-IBIG was made independent from the NHMFC with the
signing of PD 1752, which amended PD 1530. With the improved law in
effect, the Fund's rule-making power was vested in its own Board of
Trustees. Likewise, PD 1752 made Pag-IBIG membership mandatory for all
SSS and GSIS member-employees.
B. Mandate
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
Ikaw, Bangko, Industria at Gobyerno. To
continues to harness these four sectors
together towards providing Fund members
an effective savings scheme.
Pagtutulungan sa Kinabukasan:
this day, the Pag-IBIG Fund
of the society to work
with adequate housing through
C. Organizational Structure
2. NHA (National Housing Authority)

A. Company Profile
Agency Classification:
Government-owned and -controlled corporation under the
administrative supervision of the Housing and Urban Development
Coordinating Council and classified under the Infrastructure Utilities
Group.
Charter
Presidential Decree No. 757 dated 31 July 1975
B. Mandate
Under PD 757 dated 31 July 1975. NHA was tasked to develop and
implement a comprehensive and integrated housing program which shall
embrace, among others, housing development and resettlement, sources
and schemes of financing, and delineation of government and private
sector participation.
Under EO 90 dated 17 December 1986. NHA was mandated as the sole
national government agency to engage in shelter production focusing on
the housing needs of the lowest 30% of the urban population.
Under RA 7279 (UDHA) dated 24 March 1992. NHA was tasked to provide
technical and other forms of assistance to local government units
(LGUs) in the implementation of their housing programs; to undertake
identification, acquisition and disposition of lands for socialized
housing; and to undertake relocation and resettlement of families with
local government units.
Under RA 7835 (CISFA) dated 08 December 1994. NHA was tasked with the
implementation of the following components of the National Shelter
Program - the Resettlement Program, Medium Rise Public and Private
Housing, Cost Recoverable Programs and the Local Housing Program.
Under EO 195 dated 31 December 1999. NHA was mandated to focus on
sociliazed housing through the development and implementation of a
comprehensive and integrated housing development and resettlement;
fasttracking the determination and development of government lands
suitable for housing; and ensuring the sustainability of socialized
housing funds by improving its collection efficiency, among others.
3. HLURB (Housing and Land Use Regulatory Board)
A. Company Profile
The Housing and Land Use Regulatory Board (HLURB) is a national
government agency tasked as the planning, regulatory and quasijudicial 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.
B. Mandate
1. PLANNING : (EO 648; EO 72; RA 7279)
Formulation of Comprehensive Land Use Planning Guidelines
Technical assistance to LGUs 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.
HON. CHITO M. CRUZ (Chairman of Housing and Urban Development
Coordinating Council)
FULL TIME COMMISSIONERS
Atty. ANTONIO M. BERNARDO
Chief Executive Officer and Commissioner
Atty. RIA CORAZON A. GOLEZ-CABRERA

Commissioner
Atty. LINDA L. MALENAB-HORNILLA
Commissioner
Atty. LUIS A. PAREDES
Commissioner
EX-OFFICIO COMMISSIONERS
Hon. JOSE VICENTE B. SALAZAR
Undersecretary
Department of Justice (DOJ)
Hon. EMMANUEL F. ESGUERRA
Deputy Director-General
National Economic and Development Authority (NEDA)
Hon. MARIA CATALINA E. CABRAL
Undersecretary
Department of Public Works and Highways (DPWH)
Hon. AUSTERE A. PANADERO
Undersecretary
Department of Interior and Local Government (DILG)

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NATIONAL COLLEGE OF SCIENCE & TECHNOLOGY

Amafel Building, Aguinaldo Highway, Dasmarias, Cavite

Submitted by: Rubia, Jan E.

1. HDMF (Home Development Mutual Fund)

other government provident institutions. With its tax-exempt status

2. NHA (National Housing Authority)

Formulation of Comprehensive Land Use Planning Guidelines

Technical assistance to LGUs in CLUP preparation and to members

Review and approval of CLUPs for Highly Urbanized Cities (HUCs),

Install an information system to monitor changes in the actual

Update and revise the National Urban Development and Housing

Train LGUs in subdivision plan approval and zoning enforcement.

2. REGULATION: (EO 648; EO 90; EO 71; EO 72; PD 957, 1216, 1344; BP

Register and license subdivision and condominium projects, farm

Monitor development and construction of registered/licensed

Update and revise rules, guidelines and standards on housing and

Approve Master Deed and Declaration of Restrictions of

Issue Locational Clearances for projects considered to be of

Register and supervise HOAs.

Register real estate brokers, dealers and salesmen engaged in

3. ADJUDICATION: (EO 648; RA 9904, 8763 (Sec. 26))

Disputes between subdivision lot or condominium unit buyer and

Intra- and Inter-Homeowners associations disputes.

Appeals from decisions of local zoning bodies.

Atty. RIA CORAZON A. GOLEZ-CABRERA

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