More than 400 families in Isabela and Cagayan provinces and Zamboanga City are set to benefit from the latest project approvals of the Social Housing Finance Corporation (SHFC) under the Enhanced Community Mortgage Program (ECMP).
The SHFC said it approved loan applications for Plaridel Village CMP Homeowners’ Association Inc. in Santiago, Isabela; Ibay’s CMP HOAI in Solana, Cagayan; and Maria Navarro HOAI in Zamboanga City. SHFC president and chief executive Federico Laxa and members of the agency’s Credit Committee approved the applications on Sept. 25, 2025.
The projects will provide secure housing opportunities for families from both the formal and informal sectors. The agency said the approvals demonstrate the SHFC’s commitment to inclusivity, ensuring the poor and marginalized are included in the government’s housing efforts.
The initiative also supports President Ferdinand Marcos Jr.’s Expanded Pambansang Pabahay para sa Pilipino (4PH) program, which is implemented by the Department of Human Settlements and Urban Development (DHSUD) and led by Secretary Jose Ramon Aliling.
“SHFC will continue to push forward with the 34 ECMP projects we committed to Secretary Aliling to help more Filipino families achieve affordable and secure housing,” Laxa said.
“These projects reflect our dedication to fast-track the implementation of pro-poor and people-centered shelter solutions in line with President Marcos’ housing agenda,” he said.
The SHFC also approved an additional loan to support the site upgrading of Pinag-isang Magkakapitbahay ng Miranda Compound HOAI Phases 1, 2 and 3 in San Fernando City, Pampanga.
The agency has approved 22 ECMP projects nationwide, paving the way for over 3,800 families to realize homeownership. It is also targeting the awarding of lots to the initial batch of 5,000 beneficiaries by October.
The SHFC’s approach to ECMP includes not only lot acquisition but also integrates other development components such as improved water and electricity access, drainage systems and livelihood and skills training to augment the income of member-beneficiaries.
