The National Housing Authority (NHA) is confident that its operations will extend beyond its 50th anniversary on July 31.
At the Pandesal Forum in Kamuning Bakery, Quezon City, NHA General Manager Joeben Tai stated that the new NHA Charter has been approved by both Congress and the Senate, including a P10-billion capital infusion in the 2025 budget.
“It is already with President Ferdinand Marcos Jr.,” he said. “I just don’t know the schedule, but I am 100% sure that it will be signed by the President.”
When asked, he expressed satisfaction with all provisions of the Charter Renewal of the NHA, officially titled “An Act Strengthening the National Housing Authority by Extending its Corporate Term and Rationalizing its Powers, Repealing for this Purpose Presidential Decree No. 757 of 1975,” authored by Senator Imee Marcos.
The agency was established through PD No. 757 on July 31, 1975, with the mandate to provide low-cost housing to low-income families.
The Charter Renewal will expand the Authority’s powers and functions to encompass housing operations and support services.
“Of course, we thank the House of Representatives and the Senate, wherein the new NHA Charter will include additional assistant general managers and an Office for Calamities and Disasters,” Tai said.
Yesterday, he announced the agency’s condonation program, which offers the highest amortization interest condonation in its history. This program will waive 100% of penalties and delinquency interest from the accounts of an estimated 220,000 potential housing beneficiaries nationwide, running from May 1 to October 31.
He also mentioned that 95% of unpaid amortization interest would be condoned.
The NHA has partnered with the Department of Agriculture to establish Kadiwa centers at its resettlement sites, offering quality rice for sale at P33 per kilo.
“Our rice is of good quality and actually costs P50 a kilo, but we are offering it to our beneficiaries for only P33 a kilo,” Assistant General Manager Alvin Feliciano told the media.
