Maiden SHFC post-Yolanda disaster housing breaks ground in Coron, Palawan

Social Housing Finance Corporation’s (SHFC) has joined the rehabilitation efforts of the national government for victims of  Yolanda.


The SHFC’s first housing project supporting the survivors of the super-typhon officially broke ground in Palawan on November 28, six years after the super typhoon struck the province. The initiative, financed under the Community Mortgage Program (CMP) Post Disaster Recovery and Rehabilitation modality, will benefit a total of 143 families from Guadalupe Homeowners Association, Inc. (HOAI) who live along the coastal areas in the Municipality of Coron.

mario reyes shfc

Groundbreaking ceremony held in Brgy. Guadalupe was led by SHFC President Atty. Arnolfo Ricardo Cabling and Mayor Mario Reyes. Also gracing the event were SHFC Board of Directors,  Recovery Projects Vice President Annicia Villafuerte, Visayas Operations OIC Vice-President  Jesus Eden Cidro, Provincial Information Officer Winston Arzaga, who represented Governor Jose Chavez Alvarez, and community members.VIDEO
In his speech, Atty. Cabling highlighted the importance of community effort in reducing coastal disaster vulnerability. “Sa patuloy na pagtutulungan at pagkakaisa natin, ng local government, barangay, probinsya, parokya, at iba pang miyembro ng ating komunidad, masisiguro natin na malulutas ang suliraning pabahay para sa mga communities sa coastal areas ng Coron,” he said.


The Post-Disaster Recovery and Rehabilitation is one of the new modalities of CMP which provides immediate assistance on disaster-resilient community housing projects and site development during times of disaster. CMP has provided security of tenure to more than 310,000 families and has released about P15 billion in loan assistance since it was launched in 1988.
Taken out in June 2018, Guadalupe HOAI is headed by Enrico Sadang and was mobilized by the provincial government of Palawan.
SHFC is the lead agency assisting underprivileged communities to secure land tenure through shelter financing and development solutions by Building Adequate, Livable, Affordable, and Inclusive (BALAI) Filipino communities.

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