Tenement project authority and materials
- Section 2 authorizes the Department of Public Works and Communications to plan, design, and call for public bidding for the construction of tenement buildings.
- Section 2 requires that at least seventy-five per cent of construction materials for the multi-storey buildings must be of Philippine origin or locally produced or manufactured materials, as far as practicable.
- Section 2 mandates that each apartment in such tenement buildings contain complete separate sanitary facilities.
- Section 2 requires that apartments be designed and constructed to provide privacy and security to the family and adequate playground space for children appropriate to the number of tenants.
- Section 2 requires that the ground floor of such tenement buildings be built to be rented as stores to citizens of the Philippines.
Turnover, maintenance, and room allocation
- Section 3 provides that after completion, the Department of Public Works and Communications shall turn over the tenement buildings for maintenance, repair, improvement, expansion, and administration.
- Section 3 names the People’s Homesite and Housing Corporation as the entity that receives the buildings for the listed purposes.
- Section 3 requires the People’s Homesite and Housing Corporation to allocate rooms by lottery in all cases.
Special committee, sites, and rental rules
- Section 4 creates a special committee composed of the Auditor General as chairman, and the Secretary of Public Works and Communications, Chairman of the People’s Homesite and Housing Corporation, Director of the National Planning Commission, and Social Welfare Administrator as members.
- Section 4 empowers the committee to determine the proper sites and the most equitable and minimum rental prospective lessees should pay.
- Section 4 authorizes the committee to promulgate guiding principles or sets of rules and regulations necessary to carry out the Act, subject to the approval of the President of the Philippines.
- Section 4 requires one guiding factor to be the elimination of slums from cities and towns, with priority to slum dwellers whenever this would facilitate the elimination of said slums.
Rental accruals and revolving fund use
- Section 5 provides that all accruals derived from rentals—consistent with Section 4—constitute a revolving fund.
- Section 5 requires that the revolving fund be used exclusively for maintenance, repair, improvement, expansion, and administration incident to:
- billing and collection,
- janitorial,
- security, and
- other similar expenditures in operating the tenement building projects after completion.
Appropriation, reparations, and spending priority
- Section 6 appropriates fifteen million pesos for carrying out the Act.
- Section 6 provides that the appropriation shall come from:
- out of the General Funds in the National Treasury not otherwise appropriated, and
- from the proceeds of the reparations from Japan.
- Section 6 requires respect for the priority for cash reparations for war veterans, widows and orphans under the Reparations Act, as amended.
- Section 6 limits use for this purpose to not more than five per cent of the total reparations.
Supremacy and effectivity
- Section 7 states that the Act shall prevail over any Act or provisions thereof that are inconsistent with it.
- Section 8 provides that the Act takes effect upon approval.
- Section 8 records approval date as June 16, 1962.