HEADLINES

FEATURE: The SHFC Community Mortgage Program – Decent, affordable housing for Filipinos

Home ownership, for a vast majority of Filipinos, remains an elusive dream.

HOUSING CZAR Secretary Eduardo del Rosario with Atty. Arnolfo Ricardo Cabling, right, President of the Social Housing Finance Corporation (SHFC).

For one, ownership of land is considered a prime asset and will cost a family earning minimum income a lifetime worth of mortgage payments. This is true especially to those who choose to live in cities and urban centers. They have to contend with the high cost of land, which is further exacerbated by the rising costs of materials and construction. READ MORE

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