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RA 8763 (Home Guaranty Corporation Act of 2000) Section 7

RA 8763 (Home Guaranty Corporation Act of 2000) Section 7

Use of Net Worth.

Section 7

SEC. 7. Use of Net Worth. - The use of the net worth of the Corporation shall be subject to the following limitations: At least forty percent (40%) shall be allocated exclusively for socialized housing, to be distributed equitably among all the regions, to the extent practicable; At least thirty percent (30%) shall be allocated exclusively for low-cost housing, to be distributed equitably among all the regions, to the extent practicable; At least twenty percent (20%) shall be allocated exclusively for medium-cost housing, to be distributed equitably among all the regions, to the extent practicable; and Not more than ten percent (10%) may be allocated for open housing. Investments, if any, by the Corporation in any establishment or enterprise, whether public or private, shall be subject to the same limitation, herein above provided as well as those specified in Chapter III of this Act.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER II HOME GUARANTY CORPORATION →

Other provisions in CHAPTER II HOME GUARANTY CORPORATION

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationRA 8763 (Home Guaranty Corporation Act of 2000) Section 7 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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