The creation of the Social Housing Finance Corporation (SHFC), authorized under E.O. 272 issued on Jan. 20, 2004 and subsequently made operational on Oct. 18, 2005, highlights these relentless efforts of the administration of President Gloria Macapagal-Arroyo and of Vice-President Noli "Kabayan" de Castro in addressing the social housing
During its more than 26 years as a government institution for housing finance, the NHMFC takes pride, among other things, in having been the progenitor of the concept and program for shelter savings and provident fund that is now the widely succesful Home Development Mutual Fund (HDMF) or Pag-Ibig Fund. It is now the primary fund for low-cost
A new vigor and sharper focus in the government's drive to assure the land tenure and housing security of the homeless underprivileged are expected to come about with the creation of the Social Housing Finance Corporation (SHFC). Consistent with the pro-poor thrusts and initiatives of the administration of President Gloria Macapagal-Arroyo