All in all, the total for the six listed entities - GSIS, SSS, HDMF, SHFC
, NHMFC and Armed Forces of the Philippines -RSBS - was P13.
For its part, the SHFC
commits to complete the due diligence process of housing projects submitted within 120 working days from submission of a complete application to loan release, conduct consultations and establish a feedback mechanism on the status of housing projects in the city, among others.
In the event of calamities or disasters, SHFC
will provide a maximum amount of P5,000 per beneficiary, in the form of cash or building materials to cover immediate housing repair needs of existing CMP projects.
To prevent supposed beneficiaries from being dislodged from the program, researchers urged SHFC
to be proactive in targeting communities and households by prioritizing communities where CMP can bring the most impact-the poor and congested settlements and areas where there are large informal settler families.
Division One: Marton United 1 Scoregasm 1; Mallowdale 2 SHFC
is the agency in-charge of financing social housing programs,
Division One: Mallowdale 5 Nunthorpe Lads 0; SHFC
1 Scoregasm 2; Mag Seven 3 Marton Utd 1.
In a statement, the SHFC
explained that this housing project was considered a breakthrough for the agency's Community Mortgage Program (CMP) since some guidelines were modified to respond to the customs and tradition of the Muslims.
Binay, chairman of the Housing and Urban Development Coordinating Council (HUDCC), also witnessed the signing of a memorandum of agreement between the city government and SHFC
for the implementation of a localized CMP.
The organizing community will also be responsible to secure funding support from the SHFC
Division One: Mean Machine 5 Su taeb t'nac U 0; Teessides 1 Nunthorpe Ladsn 1; SHFC
0 Cleveland ACF 0.
Magtibay pointed out that the SHFC
has set a number of qualifications and requirements for the ISFs that tend to prevent the poor from becoming beneficiaries of the Community Mortgage Program (CMP).