CABLING ARNOLFO PRESIDENT RODRIGO R. DUTERTE social housing finance corporation

SHFC CUTS DOWN INTEREST ON SOCIALIZED HOUSING LOANS FOR HOMELESS PINOYS

At the “Ulat sa Pamayanan” Press Conference during the 16th Founding Anniversary of the Social Housing Finance Corporation (SHFC) held in Makati City on January 24, 2020, Secretary Eduardo del Rosario, chairman of the Department of Human Settlements and Urban Development (DHSUD), announced that SHFC, headed by Atty. Arnolfo Ricardo Cabling, will reduce interest on socialized housing loans under  the SHFC  Community Mortgage Program (CMP) from 6% to 2%. Cabling said the lowered interest rate is a gift of President Rodrigo Duterte to the country’s homeless.

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