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SHFC PRESENTS NEW INITIATIVES AT CEBU SOCIALIZED HOUSING CONFAB
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Atty. Cabling: “Patuloy po tayong magtulungan para mabigyan ng magandang kinabukasan ang ating kapwa.”
On August 23, Social Housing Finance Corporation joined other key shelter agencies (KSAs), developers, and stakeholders in the housing sector in a forum aimed at addressing pressing concerns and the latest developments in the market. With a theme “Sustaining Housing Growth Amidst Changing Times,” the 9th Organization of Socialized and Economic Housing Developers of the Philippines (OSHDP) National Convention held at the Marco Polo Plaza Cebu sought to ensure sustainable production of socialized housing in the country.
A panel discussion featuring heads and representatives of the KSAs allows the exchange of viewpoints among the speakers and attendees.
Representing President Atty. Arnolfo B. Cabling, OIC-Vice President for Visayas Operations Jesus Eden A. Cidro discussed SHFC’s initiatives, particularly the Community Mortgage Program (CMP). In the panel discussion, he talked about the recently approved CMP modalities, including the farm lot concept and housing for peace process and nation building. The former is intended for agricultural production to benefit ISF-farmers, while the latter is aimed at providing shelter for the achievement of national peace and development such as the housing projects in Zamboanga City and Marawi.
Php 19.4 billion in loan assistance

As of June 2018, total loans released for CMP and High Density Housing (HDH) projects amounted to Php 19.4 billion. More than 320,000 ISFs have been assisted through these two programs since 1989. With the rollout of the new CMP modalities, more communities are expected to benefit from SHFC’s housing initiatives.

“SHFC has this mantra on how it effectively assists communities that need socialized housing. It must be inclusive, sustainable, and geared toward nation-building,” Cidro said. “We implement participatory planning and governance that empowers the beneficiaries of our community-driven programs.”
Cidro presents SHFC’s accomplishments and gives updates on the corporation’s latest housing programs.
Atty. Angelito Aguila of Housing and Urban Development Coordinating Council (HUDCC), and officials from the other KSAs namely Atty. Lloyd Lao, CEO of the Housing and Land Use Regulatory Board, Acmad Rizaldy Moti, CEO of the Home Development and Mutual Fund, Architect Marissa Maniquis, director of the National Housing Authority, Teresito Cayo Butardo of the Home Guaranty Corporation, and Felixberto Bustos Jr., president of the National Home Mortgage Finance Corporation, also participated in the panel discussion.
Synergy in addressing housing challenges

In his keynote address, HUDCC Chair Eduardo Del Rosario stressed the growing need for socialized housing amid various challenges, including the proliferation of informal settlements, and rapid population growth and urbanization. He added that natural calamities and man-made disasters such as the Zamboanga and Marawi siege have worsen the housing woes and depleted the housing inventory. It is estimated that the country’s housing needs will reach 6.5 million by 2022.

“With HUDCC and the key shelter agencies working in one direction, and with the strong partnership with the private sector in spearheading the national shelter strategy through the BALAI (Building Adequate, Livable, Affordable, Inclusive Filipino Communities) program, we are more determined to address all of these challenges,” Del Rosario emphasized. “There is a need for all those involved to work together and complement each other to optimize the resources of the public and in effect deliver more in the housing sector.”

He also vowed to accelerate housing production by strengthening partnership with private developers, local government units, NGOs, civil society organizations, national government agencies, and the beneficiaries themselves.

‘Cebu Declaration’
One of the highlights of the event was the stakeholders’ signing of the “Cebu Declaration,” which pledged support for the government’s BALAI program. As a result of the declaration, a group called the Socialized Housing Alliance Roundtable Endeavor (SHARE) was formed to build a collective partnership in attaining the goal of providing decent and affordable homes to Filipinos.

“We have considered, with sense of urgency, the continuous increase in housing needs in the country, widening housing backlog, and declining and deteriorating actual production of housing units, both in the public and private sector, today,” the declaration read.
Officials of OSHDP and representatives from KSAs and the local government of Cebu take part in the ribbon-cutting ceremony to formally open the convention.