Some 472 units or 20 percent of the permanent houses at the Zamboanga City Roadmap to Recovery and Reconstruction (Z3R) resettlement sites have been sold to other individuals.The Z3R is the government blueprint for the reconstruction of areas damaged by the 21-day September… Read More
January 16, 2021
The Department of Human Settlements and Urban Development (DHSUD) on Friday has inaugurated its first-ever regional building in Central Luzon as part of efforts to strengthen programs within the housing sector.Housing czar Secretary Eduardo del Rosario said the inauguration is part of… Read More
January 7, 2021
The Department of Human Settlements and Urban Development (DHSUD) on Thursday said it is now finalizing the contents of its 20-year housing and urban development strategic plan and roadmap which is set to be completed within the first quarter of this year. In a statement, Housing czar… Read More
GOOD NEWS to housing loan borrowers of the Social Housing Finance Corporation.
You can generate your Abstract of Collection and Statement of Account in just a few clicks with Community Association Information System (CAIS) kiosk. It has an interactive touch-screen interface providing flexibility to partner-homeowners on their collection-related information needs.
SHFC going online to give accounts information to borrowers through the CAIS Kiosks is an information technology innovation introduced by SHFC president Arnolfo Ricardo Cabling.
The CAIS kiosks are readily available at SHFC Makati Office and will soon be deployed to the regional offices.
TO CONTINUE VITAL FUNCTIONS UNDER DEPARTMENT OF HOUSING
The Social Housing Finance Corporation will remain an autonomous key housing agency amid the passing of the Republic Act 11201 or the Department of Human Settlements and Urban Development (DHSUD).
SHFC will be an attached agency, which shall continue to provide affordable shelter solutions for the underprivileged, allowing it to further help the national government in curbing the housing backlog.
The role of the SFHC as the lead agency of the government’s socialized housing program, is stipulated in the Implementing Rules and Regulations (IRR) of the DHSUD signed on July 19 at Crowne Plaza Galleria in Quezon City,
The document was signed by SHFC President Atty. Arnolfo Ricardo Cabling, Housing and Urban Development Coordinating Council (HUDCC) Chairperson Eduardo del Rosario, along with Housing and Land Use Regulatory Board CEO and Commissioner Atty. Lloyd Lao, National Home Mortgage Finance Corporation (NHMFC) President Dr. Felixberto Bustos, Home Development Mutual Fund (HDMF) CEO Acmad Rizaldy Moti, Department of Budget and Management Undersecretary Janet Abuel, and Civil Service Commission Chairperson Alicia dela Rosa-Bala.
At the press conference after the IRR signing, Atty. Cabling stressed that SHFC’s housing initiatives will remain community-based. “It is our mandate to build sustainable communities,” he said. “In order to build them, we need to consult with the community from the planning to house design and construction.”
Atty. Cabling added that the agency has also been rolling out livelihood interventions that are tailored to the needs of the community. He shared that SHFC turned over a cashew processing livelihood package for a homeowners association in Puerto Princesa City, Palawan in May. More programs aimed at complementing the income of communities are in the pipeline.
Under the IRR, the DHSUD shall be the main planning and policy-making, regulatory program coordination, and performance monitoring entity for all housing, human settlement, and urban development concerns. It also provided for the creation of the National Human Settlement Board, which shall act as the policy-making body and provide program directions to the attached agencies. Aside from SHFC, these agencies include NHMFC, HDMF, and the National Housing Authority.
In his remarks at the ceremony, which was also attended by the law’s principal authors former Senator Joseph Victor “JV” Ejercito and former Negros Occidental Congressman Alfredo “Albee” Benitez, Del Rosario said the DHSUD is President Rodrigo Duterte’s “whole-hearted gift” to the Filipino people.
RA 11201 was passed in Congress in November 2018 and was signed into law by President Duterte three months later on Valentine’s Day, February 14, 2019.
The full implementation of the law will commence on January 1, 2020.
Davao Oriental’s housing program will benefit more than 700 homeless residents with the signing of a lease agreement between the residents, the Social Housing Finance Corporation (SHFC) and the owner of a 15.6-hectare property. .
Provincial Information Officer Karen Lou Deloso said the 746 beneficiaries signed on October 17, the lease agreement with the SHFC funding the land acquisition under its Community Mortgage Program (CMP) .
SHFC, the agency tasked with implementing the government’s socialized housing program for the homeless, is headed by president Arnolfo Ricardo Cabling, a lawyer and former member of the Davao City Council.
The lease agreement between SHFC and members of the Mandaya Muslim Bisaya Homeowners Association covers the 15.6-hectare land in Sitio Magay, Barangay Don Martin Marundan, Mati City, where the housing project will rise.
“Prior to the signing, officers from the SHFC explained to the beneficiaries the contents of the agreement,” Deloso said.
Under the agreement, each beneficiary shall pay the monthly rental of PHP369.42 per month, payable for 25 years.
Flordeliza Tabanao, Provincial Housing Coordinator, said that following the signing of the agreement, the SHFC will pay the landowner so that the site development and project construction can begin.
Tabanao said that the provincial government hopes to start the construction next year after meeting all requirements.
Mati City Mayor Michelle Rabat said the project is “a welcome development to address the housing backlog in the city.” (PNA)