More than 15,300 families affected by the enhanced southwest monsoon (habagat) and tropical cyclones Luis and Maymay will benefit from a one-month payment moratorium implemented by the Social Housing Finance Corporation (SHFC).
The moratorium, equivalent to more than ?5.3 million in housing assistance, covers member-beneficiaries from more than 90 community associations in the National Capital Region (NCR), Bulacan, Nueva Ecija, Rizal, and Cavite.
Led by President and CEO Federico Laxa, SHFC is an attached agency of the Department of Human Settlements and Urban Development (DHSUD) under Secretary Jose Ramon Aliling, mandated to implement socialized housing initiatives under the Expanded Pambansang Pabahay para sa Pilipino (4PH) Program.
The relief measure is in line with President Ferdinand R. Marcos Jr.’s directive for government agencies to extend assistance to families affected by the recent calamities. It will be in effect from August 6 to September 5, 2026, providing beneficiaries temporary relief from their monthly amortization payments as they recover from the damage caused by the floods and other weather-related incidents.
Aliling said the moratorium seeks to ease the financial burden on affected families and give them more time to recover. ‘Sa panahon ng kalamidad, mahalagang mabawasan natin ang kanilang mga alalahanin, at ito ang ambag ng DHSUD upang kahit papaano ay makatulong tayo sa pagbangon ng mga biktima ng pagbaha,’ he said.
Laxa, meanwhile, reiterated SHFC’s commitment to standing with communities during times of crisis. ‘Sa ganitong sitwasyon, mananatiling kaagapay ng komunidad ang SHFC ng ating mga kababayan na labis na naapektuhan upang maibsan natin ang kanilang pag-aalala,’ he said, emphasizing SHFC’s goal to relieve the financial stress on affected communities.
Beneficiaries in covered areas are advised to get in touch with their respective SHFC branch offices for details on how to avail of the moratorium.
For more information on SHFC projects and application procedures, the public may visit www.shfc.gov.ph or call (02) 5322-7300.