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OVER 400 FAMILIES BENEFIT FROM SHFC, TV5 ALAGANG KAPATID OUTREACH IN CAGAYAN
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Social Housing Finance Corporation (SHFC), the lead government agency mandated to undertake socialized housing for low-income earners, partnered with TV5 Alagang Kapatid Foundation, Inc. for a community outreach program in two municipalities in Cagayan Province on February 27. The relief mission is part of SHFC’s social responsibility and commitment to families it supports under its flagship initiative, the Community Mortgage Program (CMP).

More than 400 families from Minanga Aparri Homeowners Association in Barangay Minanga, Aparri and Tabacalera Homeowners Association in Barangay San Jose, Lal-lo received blankets, mosquito nets, solar lamps, and hygiene kits. They also took home vegetable seeds for sowing to support their continued recovery from the effects of Typhoon Quiel which hit extreme northern Luzon in November last year.

The outreach was led by Jessica Caraso, OIC-Vice President for Human Resources, and Annicia Villafuerte, Vice President for Recovery Projects Department, which was created to enable SHFC to respond quickly to the needs of communities displaced by disasters. Jones Tomas, OIC-Vice President for North Luzon Operations, and Menchie Silvestre, TV5 Alagang Kapatid Foundation, Inc. Executive Director, also joined the humanitarian drive.

SHFC has been holding relief operations for the benefit of CMP communities rendered homeless by disasters such as typhoons and flooding. More than 250 families from Maura Rotary Homeowners Association in Aparri received care packages from the agency during a relief mission in January. In December last year, the agency distributed relief goods to over 900 families in Kidapawan City, Cotabato who were affected by a series of strong earthquakes in Mindanao.

The CMP has benefited more than 350,000 families through over P16 billion in loan assistance since its inception in 1988. It aims to improve the lives of informal settler families by providing them affordable financing in which they can borrow as a community to buy the land they occupy or would like to relocate to.
SHFC and TV5 Alagang Kapatid Foundation bring care packages and smiles to over 400 Community Mortgage Program partner-homeowners during the relief operation in Cagayan Province on February 27.