Manila, Philippines - Shelter agency, Social Housing Finance Corporation (SHFC) will remit P114.21M in dividends to the national coffers, its highest contribution since 2005.
SHFC’s 2017 dividends registered a 35% increase, which is attributed to the various initiatives implemented by the new administration.
In a statement, SHFC president Atty. Arnolfo Ricardo Cabling said that SHFC’s relentless pursuit for innovative and responsive shelter financing programs for the underprivileged contributed to the record-breaking figures.
“SHFC’s commitment to nation building is stronger than ever. We are proud of the fact that while we are forging resilient communities, we are also contributing to the national coffers. Indeed, as a GOCC, it is our responsibility to continue strengthening our financial sustainability so that we can continue helping more marginalized families,” Cabling said.
SHFC is the lead agency assisting underprivileged communities to secure land tenure through shelter financing and development solutions by Building Adequate Livable Affordable and Inclusive (BALAI) Filipino communities. For more info, call (+632) 750-6337 or visit www.facebook.com/shfcph.