The Social Housing Finance Corporation (SHFC) and Housing and Land Use Regulatory Board (HLURB) recently committed to streamline their services to speed-up the processing and releasing of documents needed by various community associations (CAs) applying for the SHFC’s Community Mortgage Program (CMP). A memorandum of understanding (MOU) was signed during SHFC’s CMP anniversary celebration in Cebu City last week, which was attended by Vice President Leni Robredo, who doubles as Housing and Urban Development Coordinating Council (HUDCC) chairperson. With her was SHFC President Ma. Ana Oliveros who explained that the streamlined process would unburden the CAs, and enable citizens to obtain security of tenure at the soonest possible time. Under the MOU, the SHFC and the HLURB will establish a joint one-stop shop, as well as a common databank for faster verification and processing.
