Direct Housing Loan Facility for Workers' Organization Members

 

The Direct Housing Loan Facility for Workers' Organization Members (WOMs) aims to provide socialized and low-cost housing to workers who are bonafide members of duly registered and accredited workers' organizations.

WOMs refer to any association of workers in the private sector duly registered with the DOLE, the Securities and Exchange Commission, or the Cooperative Development Authority. It shall include any trade union center, federation, national union, local/chapter or independent union as defined in Book V of the Labor Code.