Entries Tagged 'Home Development Mutual Fund Law of 1980' ↓

Home Development Mutual Fund Law of 1980 [PD 1752]

PRESIDENTIAL DECREE NO. 1752, AS AMENDED

AMENDING THE ACT CREATING THE HOME DEVELOPMENT MUTUAL FUND
(As amended by Executive Order No. 35 and Republic Act No. 7742)

WHEREAS, the Government, in pursuit of the constitutional mandates on the promotion of public welfare through ample social services, as well as its humanist commitment to the interest of the working groups, in relation particularly to their need for decent shelter, has established the Home Development Mutual Fund under Presidential Decree No. 1530, a system of employee-employer contributions for housing purposes; and

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