The Department of Human Settlements and Urban Development (DHSUD) and the Social Housing Finance Corporation (SHFC) are intensifying efforts to implement the Community Mortgage Program (CMP) nationwide, in line with President Ferdinand R. Marcos Jr.’s directive to pursue people-centered housing initiatives.
On Wednesday, DHSUD Secretary Jose Ramon Aliling approved the proposal from SHFC President Federico Laxa to revive an initial batch of 34 on-site CMP projects that have long been in the pipeline. These projects are expected to benefit approximately 5,000 member-beneficiaries across the country.
“We need to prioritize high-impact and implementable CMP projects and assist our beneficiaries in transforming their communities,” Aliling stated in a news release. He emphasized that the program aligns with the Marcos administration’s pro-poor and inclusive housing agenda.
The revived CMP initiative will play a crucial role in accelerating the implementation of the President’s flagship Expanded Pambansang Pabahay para sa Pilipino (4PH) Program. During the initial rollout of 4PH, many CMP projects were put on hold in favor of vertical housing developments.
The selected CMP projects are being prepared for the awarding of lots by October. Additionally, these projects may evolve into incremental housing schemes, allowing beneficiaries to improve their homes over time with government support.
“We will be more transformative with our CMP projects now, with consideration to incorporating development in our sites,” Laxa noted. This approach signals a shift toward more sustainable and community-driven development strategies.
The move underscores the commitment of the DHSUD and SHFC to provide responsive and inclusive housing solutions that empower communities and promote long-term urban development.