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Saturday, September 21, 2024

SHFC releases P2.2 billion-housing loans

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The Social Housing Finance Corporation (SHFC) released about P2.2 billion worth of housing loans for low-income families, in 2021.

Through the Community Mortgage Program (CMP), the agency provided homes to a total of 8,883 families across the country through roughly P1.6 billion in loan assistance last year.

Meanwhile, the High Density Housing Program (HDH), a slum redevelopment strategy where informal settler families (ISFs) in Metro Manila are accommodated in multistory buildings, benefited some 2,034 families through P325.9 million in loan assistance in 2021.

Shown here are SHFC president Atty. Arnolfo Ricardo Cabling with DHSUD Sec. Eduardo del Rosario, Bacoor Mayor Lani Mercado-Revilla, and Cavite 2nd District Rep. Strike Revilla in the ceremonial turnover of housing units at Ciudad de Strike Phase 1.

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