COLLECTIONS for government housing beneficiaries in Cebu and Masbate will resume in November following a one-month moratorium granted to families affected by recent typhoons and an earthquake.
The National Housing Authority (NHA) earlier suspended amortization and lease payments for October, including penalties and delinquency charges, to give temporary relief to residents reeling from the impact of the disasters.
Under Memorandum Circular 153, the one-month moratorium applies automatically to all residential account holders in areas hit by the 6.7-magnitude earthquake in Cebu and Typhoons Mirasol, Nando and Ompong in Masbate.
‘We’re no longer making any distinctions. As long as you’re in Cebu or Masbate this October, it’s automatic. You won’t have to pay anything. The next payment will be for November,’ NHA general manager Joeben Tai said in Filipino in an interview.
The agency clarified that payments made within the moratorium period will still be credited based on the existing hierarchy of payments, ensuring proper posting of accounts once collections resume.
Aside from the payment suspension, the NHA is conducting validation activities and coordinating with local government units to identify eligible beneficiaries for its Emergency Housing Assistance Program (EHAP), which provides financial aid to families whose homes were damaged or destroyed.