A
Which of the following is responsible for overseeing all the agencies discussed?
A. Home Development Mutual Fund (HDMF)
B. Department of Human Settlements and Urban Development (DHSUD)
C. Human Settlements Adjudication Commission (HSAC)
D. National Housing Authority (NHA)
B. Department of Human Settlements and Urban Development (DHSUD)
The Pag-IBIG fund is also known as the HDMC which means ____
A. Housing Development Management Foundation
B. Home Development Mortgage Fund
C. Home Development Mutual Fund
D. Housing and Domestic Mortgage Fund
C. Home Development Mutual Fund
How many key shelter agencies were presented in partnership with the Department of Human Settlements and Urban Development (DHSUD)?
A. 4
B. 5
C. 6
D. 7
A. 4
Which law created the National Housing Authority in 1975?
A. Republic Act No. 757
B. Presidential Decree No. 957
C. Presidential Decree No. 757
D. Republic Act No. 759
C. Presidential Decree No. 757
What is the primary role of the National Home Mortgage Finance Corporation (NHMFC) in the Philippine housing sector?
A. To build affordable housing units
B. To provide direct, low-interest housing loans to individual homebuyers
C. To regulate the selling prices of the real estate properties
D. To purchase existing mortgages from banks and developers so they can have fresh funds to lend to new homebuyers
D. To purchase existing mortgages from banks and developers so they can have fresh funds to lend to new homebuyers
Who is the responsible for the administration and operations of the Department of Human Settlements and Urban Development Adjudication Commission?
A. Executive Commissioner
B. Commissioner
C. Executive Clerk of Commission
D. President
A. Executive Commissioner
From which department did the HSAC reconstituted or originated from?
A. Housing and Land Use Regulatory Board (HLURB)
B. Department of Public Works & Highway(DPWH)
C. Department of Education (DepEd)
D. National Economic and Development Authority (NEDA)
A. Housing and Land Use Regulatory Board (HLURB)
In PAG-Ibig, if the 4.5% Promo Housing Loan offers a 4.5% interest rate for the first 3 years, and the Expanded 4PH Program offers a 3% interest rate for the first 5 years, what interest rate does the Regular Housing Loan offer for the first year?
A. 5.00%
B. 5.25%
C. 5.50%
D. 5.75%
D. 5.75%
The Social Housing Finance Corporation (SHFC) was established through what law?
A. Executive Order No. 272
B. Republic Act 11201
C. Presidential Decree No. 1530
D. Republic Act 10121
A. Executive Order No. 272
Which of the following is the DHSUD NOT allowed to perform?
A. Implement prototype projects in housing and urban development undertakings
B. Enter into contracts, joint venture agreements either domestic or foreign
C. Take over unfinished, incomplete, or abandoned licensed real estate
D. Impose criminal penalties on real estate violators
D. Impose criminal penalties on real estate violators
What makes SHFC unique compared to DHSUD?
A. SHFC sets national housing policies and regulations
B. SHFC provides affordable housing loans to organized communities
C. SHFC acts as the financing partner in the 4PH program
D. SHFC is under DHSUD, therefore not unique
B. SHFC provides affordable housing loans to organized communities
HLURB and HSAC was established in ___ and was consolidated through DHSUD in ___
A. 1986 and February 2019
B. 1987 and March 2019
C. 1986 and March 2019
D. 1987 and February 2019
A. 1986 and February 2019
If a Filipino family wants to apply for a 20-year loan to buy their home, why can they not apply directly at the NHMFC office?
A. Because NHMFC only provides housing loans to government employees
B. Because NHMFC only transacts with primary lenders (like banks and developers), not individual homebuyers
C. Because NHMFC only funds commercial real estate, like shopping malls and office buildings
D. Because NHMFC requires homebuyers to pay the full price of the house upfront in cash
B. Because NHMFC only transacts with primary lenders (like banks and developers), not individual homebuyers
What are the three flagship programs involved with the SHFC?
A. Abot-Kaya Pabahay Fund, High-Density Housing, Community Mortgage Program
B. Abot-Kaya Pabahay Fund, Community Mortgage Program, Home Development Mutual Fund
C. Community Mortgage Program, High-Density Housing, Pambansang Pambahay para sa Pilipino
D. Emergency Housing Assistance Program, Pambansang Pambahay para sa Pilipino, High-Density Housing
A. Abot-Kaya Pabahay Fund, High-Density Housing, Community Mortgage Program
Which of the following situations would most likely result in the revocation of housing rights granted by the National Housing Authority?
A. A beneficiary improving minor interior finishes of the house
B. A beneficiary allowing a relative to temporarily stay in the unit
C. A beneficiary leasing the housing unit to another family for profit without authorization
D. A beneficiary participating in community improvement progams
C. A beneficiary leasing the housing unit to another family for profit without authorization