Committed. Concerted. Connected.
Working as a team to deliver housing services nationwide, the NHA family turned in a modest performance in 2008. In that connection, the NHA operating units yielded an aggregate of 48,280 units of housing production/assistance from 72 projects nationwide. The accomplishment accounts for 88 percent of the 55,074 target units and higher than the previous year’s level of 42,551 units and the average performance of 32,785 units for the last five years (2004-2008).
The lion’s share of housing production cam from the Calamity Assistance Rehabilitation Efforts (CARE) program (88%) and rail resettlement project (31%), comprising 69 percent total production.
Disposed during the year were a total of 22,337 units valued at P3.165 billion, representing 52 percent and 42 percent of target, respectively. Sales accomplishment was 20 percent higher than the previous year and 46 percent higher than the average performance of 15,258 units for the past five years.
The policy of immediate loan/ sales documentation for units in resettlement areas mostly for the Rail and NLEX projects contributed to a higher disposition level. Sales was highest in SLB, NCL and NCR where the bulk of inventories for disposition, under the resettlement and slum upgrading program are located.
There was an increase of 20 percent, however, in collection from installment contracts, from P680 million to P820 million, with the implementation of collection outsourcing in NCR pilot areas.