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PUDHO, SHFC lessen homelessness in Laguna
Provincial Urban Development and Housing Office
January 31, 2012
Social Housing Finance Corporation (SHFC) together with the Provincial Urban Development and Housing Office (PUDHO) continuously lessen homelessness in Laguna as their collaboration successfully reaches a vast number Laguneños. They have been conducting seminars to their beneficiaries who are not capable of having their own lots.
Seminars on Community Mortgage Program (CMP) is currently implemented and applied in five homeowners' associations, namely: Innovation Ville Homeowner's Association in Sta. Rosa City; Sirang Lupa Homeowner's Association in Calamba City; Gawad Kalinga Philips Homeowner's Association in Calamba City; Gawad Kalinga Los Baños in Los Baños; and San Ignacio Homeowner's Association in San Pablo City.
The Community Mortgage Program (CMP) aims to improve the living conditions of homeless and underprivileged citizens by providing them affordable financing with which they can secure land ownership. It is a mortgage financing program which assists legally organized associations of residents like homeowner's associations of blighted or depressed areas to own the lots they occupy, providing them security of tenure and eventually improve their homes to the extent of their affordability. (Article by Hart Cabuhat/Myrna Tandang)
