Section 7Sec./Art. 7

The Board of Directors; Its Composition. - The powers of the Authority shall be exercised through the Board of Directors herein referred to as the "Board", which shall be composed of nine (9) members, consisting of the following: Secretary of the DHSUD; Secretary of the DPWH; Secretary of the Department of Finance (DOF); Secretary of the Department of the Interior and Local Government (DILG); Secretary of the Department of Budget and Management (DBM); Director-General of the NEDA; General Manager of the Authority; and two (2) expert panel members with expertise in housing, urban planning and development.

The two (2) expert panel members shall be appointed by the President of the Philippines from a shortlist submitted by the Governance Commission for GOCCs (GCG).

They must have the following qualifications: (a) Filipino citizens of good moral character; (b) of recognized probity and independence; (c) have distinguished themselves professionally in public, civic, or academic service; (d) with at least seven (7) years in the practice of their professions; and (e) have not been appointed within one (1) year after losing in the immediately preceding elections, whether regular or special. The members of the Board shall appoint their respective permanent alternates who shall be officials next in rank to them and whose acts shall be considered as acts of their principals, with the right to receive their benefits.

The Secretary of the DHSUD shall be the ex officio Chairperson of the Board. All appointive directors must have qualified under the Fit and Proper Rule, as defined by Republic Act No. 10149. An appointive director shall serve for one (1) year, unless sooner removed for cause. The director shall, however, continue to hold office until their successor is appointed.

The Board shall meet regularly at least once a month, but special meetings may be called either by the Chairperson or by five (5) members of the Board, as may be necessary. Five (5) members of the Board shall constitute a quorum and all decisions of the Board shall require the concurrence of at least five (5) members.