Vision
To be the dynamic leader in housing
Mission
The purpose of Housing Authority is to develop and
produce affordable lots and mortgage financing with attractive loan
packages on a competitive basis to all customers with special focus
on low-income earners. The
Authority was constituted and became an operating entity in 1958.
The key objectives of HA are:
- Market
and growth- HA will serve all interested customers with their
housing needs irrespective of their income levels,
- Our
customers- HA will be responsive to the needs and wants of our
customers and would strive to maintain a friendly and healthy
relationship by providing attractive loan packages and efficient
customer services.
Corporate
Values And Ethics
The
Authority's staff share the under mentioned five universal Values
as follows:
-
Dynamic
-
Excellence in service
- Innovativeness
- Understand,
Appreciate and Involve staff
- Act
in a fair, equitable and non-discriminatory manner
Corporate
Strategy
To
achieve the Vision and Mission and having regard to both the requirements
under the Housing Act and the Public Enterprises Act, the Authority
has identified a number of specific commercial and social objectives.
These would enable the Authority to operate as a successful housing
institution that will assist in meeting the Government's housing
policies as well as its social objectives.
Commercial objectives
To operate
as a successful business enterprise, the Authority will seek to
achieve the following objectives:
-
To achieve financial independence by end of 2006 and operate without
Government Guarantee for Authority's borrowings.
-
Increase profits generated from operations by maximising the return
on equity through efficiency and productivity
Our
Social Objectives
The
Government's social objectives in relation to housing will be carried
out by the Authority for the middle to low-income earners as follows:
Priority
to be given to customers in the target market and with the Public
Rental Board in the allocation of lots. Also, special assistance
shall be given to squatters and those not having their needs adequately
met in the private sector.
Continue
to develop innovative ways such as mortgage debt restructuring to
assist defaulting customers who face financial hardship to meet
current loan repayments and to enable them to retain their homes.
Subsidise
interest on housing loans to 5.99% per annum for individual customers
and Village Housing Schemes whose annual household income did not
exceed $6,500; subject to continued receipt of Government grant
by the Authority.
The
Current Chief Executive Officer, Alipate Naiorosui was appointed
on 1st June 2003. Housing Authority has employees in the following
departments:
CR
Division - 40
Lending
Division - 48
Finance
& Admin Division - 28
Chief
Executive Division - 9
Total
- 125
The
organization chart of HA is available as a PDF File. Click to download
the organization chart of Housing Authority Applicants can apply
for housing services through 4 offices. Customer
Relations office location and contact details. For more information,
please refer to the HA statement of corporate intent and HA Annual
Report.
Ministers
The
Minister for Local Government, Housing, Squatter Settlement and
Environment Hon.
Matiaiasi Ragigia and Minister for
Public Enterprises Hon.
Iraimi Matei Ravula are
jointly responsible for conveying the governments expectations to
the Authority.
The
Board
The
Minister for Housing appointed the Board Chairman. The Chief Executive
Officer was an ex-office member of the Board. The members met regularly
throughout the year and set the Authority's policies on matters
such as overall strategy, financial performance, capital projects,
investment and financial decisions, budget approvals and treasury
and risk management.
Board Composition
There are 6 Directors on the Board, all of whom are appointed by
the Minister for Housing. The Chief Executive Officer is an ex-officio
member of the Board but does not have the power to vote nor is regarded
as a Board Director for the purpose of forming a quorum.
Members
of the Board:
Sada Reddy, Olota Rokovunisei, Keni Dakuidreketi, Rev. Sereima Lomaloma,
Vishnu Deo.
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