Assumption of National Housing Authority's Powers and Functions by ARG
- The ARG assumes powers of the National Housing Authority (NHA) within the ARMM.
- Key duties include developing and implementing comprehensive housing programs and formulating policies for housing development and resettlement.
- The ARG sets guidelines for the reservation and utilization of public lands for housing.
- It undertakes housing projects, including joint ventures with public and private entities.
- The ARG regulates the real estate trade and business including protection of home and lot buyers according to NHA's established guidelines.
- It regulates the relationship between residential property owners and lessees.
- Investment powers include investing funds in government or Central Bank bonds and securities.
- It can receive donations, grants, and bequests exempt from transfer taxes and deductible for donors.
- Additional powers subject to national policies include issuing bonds, contracting loans, and discharging responsibilities arising from international treaties and agreements on housing and resettlement.
Technical Assistance by HLURB and NHA to ARG
- HLURB and NHA will provide technical assistance to the ARG to develop its organizational capabilities for undertaking its own housing programs.
Regional Standards and Compliance with National Laws
- The ARG may create its own housing and land use standards.
- Any regional standards formulated by ARG must meet or exceed minimum national laws and standards.
Severability Clause
- If any provision of this Executive Order is declared unconstitutional or unlawful, other unaffected provisions shall remain in full force and effect.
Effectivity Clause
- The Executive Order takes effect fifteen (15) days after its publication in both a national newspaper and a local newspaper in the ARMM.