DHSUD, attached agencies issue moratorium on housing payments, roll out loan for calamity victims

Photos courtesy: FILE/Social Housing Finance Corporation FB page

By Dean Aubrey Caratiquet

In recognition of the plight of those affected by Tropical Storm Crising (international name: Wipha), and the southwest monsoon (habagat) brought about by Tropical Storm Dante (international name: Francisco) and Typhoon Emong (international name: Co-May), the Department of Human Settlements and Urban Development (DHSUD) and its attached agencies have launched measures to ease the burden of the calamity victims.

The Social Housing Finance Corporation (SHFC), the National Housing Authority (NHA), and the National Home Mortgage Finance Corporation (NHMFC) have implemented a one-month moratorium on amortization payments for their beneficiaries in areas affected by the typhoon.

At the same time, Pag-IBIG Fund has activated its Calamity Loan Program in all of its branches nationwide to serve typhoon victims. This also includes insurance claims for current Pag-IBIG housing loan borrowers whose properties were damaged.

DHSUD Secretary Jose Ramon Aliling said in a media release Thursday that this unified effort is in adherence to President Ferdinand R. Marcos Jr.’s directive to concerned government agencies to extend immediate assistance to those affected by the prolonged bad weather.

“As directed by President Ferdinand R. Marcos Jr., we are ensuring that affected families receive urgent support to help them recover,” Secretary Aliling said.

“Ang moratorium ay magsisilbing bawas alalahanin samantalang ang calamity loan naman ay magbibigay ginhawa kahit papaano sa ating mga kababayang nabiktima ng kalamidad,” he added, expressing optimism that these measures will help calamity victims to recover and get back on their feet.

The Housing czar likewise noted that the agency is closely working with affected local government units (LGUs) to facilitate the dissemination of assistance to qualified beneficiaries under the Integrated Disaster Shelter Assistance Program (IDSAP). (with report from Denisse Osorio/PTV News)

jpv

Popular

Palace respects SC order to restore P60B PhilHealth fund

By Ruth Abbey Gita-Carlos | Philippine News Agency Malacañang on Friday said it respects the Supreme Court’s (SC) order to restore the Philippine Health Insurance...

Gov’t welcomes lower inflation rate in November 2025

By Brian Campued Malacañang on Friday welcomed the easing of the headline inflation in the country to 1.5% in November from 1.7% in October, amid...

PBBM affirms support for Mindanao troops

By Brian Campued President Ferdinand R. Marcos Jr. has reaffirmed his administration’s commitment to strengthening support for soldiers and for lasting peace and order in...

PBBM hails PH-Oman rescue of 9 Filipino seafarers held by Houthis

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Thursday announced that the nine Filipino seafarers who had been held...