The Social Housing Finance Corporation (SHFC) and the Department of Human Settlements and Urban Development (DHSUD) continue to advance its mission of providing security of tenure to more Filipino families as it expands the implementation of the Enhanced Community Mortgage Program (ECMP) nationwide.
Under President Ferdinand Marcos, Jr.’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, implemented by DHSUD led by Secretary Jose Ramon Aliling, over P23 million in financial assistance was recently released to support the acquisition of community lands in Palawan and Camarines Norte.
In Barangay San Pedro, Puerto Princesa City, the Divine Mercy Homeowners’ Association, Inc. (HOAI) received more than P17 million for the purchase of the land occupied by 119 families. Representing SHFC President and CEO Federico Laxa, Palawan Branch Manager Jesus Eden Cidro led the ceremonial check awarding on July 20.
Meanwhile, on July 21, the Goldenspringville HOAI in Barangay Borabod in Daet municipality was awarded more than P5 million to finance the acquisition of the land occupied by its 55 member-beneficiaries, bringing them closer to securing legal ownership of their homes.
Laxa underscored that the ECMP continues to transform the lives of underprivileged communities by making the dream of homeownership attainable. ‘The ECMP is more than a housing initiative-it is a program that gives Filipino families security of tenure, dignity, and the opportunity to build a better future in a community they can truly call their own,’ he said.
The awarding of checks reaffirms SHFC’s commitment to empowering organized communities through accessible housing finance, enabling informal settler families to collectively acquire the land they have long occupied. Beyond providing financial assistance, the ECMP promotes transformative approach by integrating site development.
To date, 47 ECMP projects have been approved since the program’s launch in July last year, benefiting more than 8,100 families nationwide. SHFC continues to evaluate project applications, ensuring that qualified communities receive timely support toward secure, affordable, and sustainable housing.
SHFC remains steadfast in supporting more communities on their journey toward secure homeownership, helping build resilient communities where Filipino families can live with stability, dignity, and hope.
For more information on SHFC projects and application procedures, the public may visit www.shfc.gov.ph or call (02) 5322-7300.