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Community Mortgage Program
The Community Mortgage Program is a socialized housing initiative of the Philippine Government. By 2001, 106,273 families had found secure tenure. Program The Community Mortgage Program (CMP) was set up following the People Power Revolution (EDSA I) of 1988. It aims to help low-income families who are squatting Squatting is the action of occupying an abandoned or unoccupied area of land or a building, usually residential, that the squatter does not own, rent or otherwise have lawful permission to use. The United Nations estimated in 2003 that there ... to find secure tenure by establishing community associations to buy land, to set up infrastructure and to build houses. In 1992, the CMP was taken under the National Shelter Program by Republic Act Number 7279, the Urban Development and Housing Act. Then in 2004, Social Housing Finance Corporation (SHFC) was created through Executive Order Number 272 and the CMP alongside other housing initiatives was moved under its control. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Politics Of The Philippines
The politics of the Philippines take place within a three-branch governmental system. The country is a democracy, led by a directly elected president who serves as both the head of state and the head of government. The president heads the executive branch, and has significant political powers. Presidents are limited to a single six-year term of office. The bicameral Congress serves as the legislature, consisting of the small Senate, elected on an at-large basis throughout the country, and the larger House of Representatives, primarily made up of representatives elected from specific geographic regions. The judiciary is headed by the Supreme Court of the Philippines, a body with expansive powers of review over actions taken by other political and administrative bodies. The legal system is a mixture of civil and common law, influenced by the prior rule of both Spain and the United States. Spanish rule relied heavily on local intermediaries, setting up a system dominated by elite ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
