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Name and Corporate Existence. - The National Housing Authority (NHA) herein referred to as the "Authority", created by virtue of Presidential Decree No. 757, series of 1975, as amended, shall continue to exist as a corporate body and shall operate under the provisions of this Act. It shall develop and implement a comprehensive, integrated, and affordable housing program. The Authority shall retain its principal office in Metro Manila but may have such regional and district offices, or subsidiaries in other areas all over the country, as it may deem proper and necessary.
The Authority shall be under the administrative supervision of the Department of Human Settlements and Urban Development (DHSUD) pursuant to Republic Act No. 11201, or the "Department of Human Settlements and Urban Development Act" and shall exist for another twenty-five (25) years commencing on July 31, 2025, subject to mandatory review, as provided under Section 25 of this Act.
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