• To guarantee the payment of any and all forms of mortgages,loans and other forms of credit facilities and receivables arising from financial contracts exclusively for residential purposes and the necessary support facilities, (provided they have been issued HGC Guarantees);

• To assist private developers to undertake socialized, low and medium cost mass housing projects by encouraging private funds to finance such housing projects through a viable system of long-term mortgages, guaranties and other incentives.

• To promote homebuilding and landownership, giving primary preference to the homeless and underprivileged sectors of the society.

• To promote housing by the aided self-help method;

• To pursue the development and sustainability of a secondary mortgage market for housing.

- Republic Act No. 8763,2000

• To administer the Cash Flow Guaranty System of the Abot-Kaya Pabahay Fund.

  - Republic Act No. 6846,1990
  Social Housing Support Fund Act
  (Abot Kaya Pabahay Fund Act)

• To supervise and regulate building and loan associations.

  - Republic Act No. 8763,2000
  Republic Act No. 8791,2000
  General Banking Law