SHFC approves four ECMP projects to mark CMP 37th Anniversary
Published on 1 Aug 2025
The Social Housing Finance Corporation (SHFC) led by President and CEO Federico Laxa has approved four new projects under the ๐๐ป๐ต๐ฎ๐ป๐ฐ๐ฒ๐ฑ ๐๐ผ๐บ๐บ๐๐ป๐ถ๐๐ ๐ ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐ฃ๐ฟ๐ผ๐ด๐ฟ๐ฎ๐บ (๐๐๐ ๐ฃ), kicking off the 37th anniversary of the Community Mortgage Program. This yearโs celebration carries the theme โKaagapay ng Komunidad: Mula Noon Hanggang Ngayon,โ highlighting the CMPโs commitment enduring to empowering communities.
The ๐๐๐ ๐ฃ is SHFCโs response to the directive of President Ferdinand Marcos, Jr., and Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Ramon Aliling to focus on pro-poor and people-centered housing solutions under the expanded Pambansang Pabahay para sa Pilipino (4PH) Program.
โThe swift approval of these projects are a fitting start to our celebration,โ said Laxa. It reflects our strengthened commitment to accelerate pro-poor housing delivery and empower organized communities nationwide. This is only the beginningโmore ECMP projects will be rolled out in the coming months.โ
The approved projects are Centennial Sunrise HOA in Pasig City, Wawang Pulo HOA Phase 1 in Valenzuela City, and Pinag-isang Magkakapitbahay ng Miranda Compound HOA Phases 1 and 2 in San Fernando City, Pampanga.
Together, these will benefit more than 800 low-income families, empowering them with secure land tenure and paving the way for decent and affordable housing through the ๐๐๐ ๐ฃโs streamlined, people-centered approach.
Beneficiaries of the projects come from both the informal and formal sectors, including street vendors, construction workers, online sellers, delivery riders, call center agents, factory workers, nurses, and public school teachersโunderscoring SHFCโs role in providing inclusive housing solutions for all.
Laxa, who personally visited the community in Pasig yesterday, is also set to visit the three other newly approved projects to check on the welfare of member-beneficiaries and explore additional ways to improve their quality of life.
Since its inception in 1988, CMP has enabled legally organized associations of low-income groups to borrow funds for land purchase and site development. The ๐๐๐ ๐ฃ builds on this legacy by making the program more responsive and accessible for the poorest of the poor. It also simplifies the original CMP processes to accelerate project approvals and improve housing delivery.
To commemorate the CMPโs 37th year, SHFC will roll out a series of activities throughout August, including title awarding ceremonies, capacity-building seminars for member-beneficiaries, signing of partnerships with other government agencies and partner organizations, tree-planting drives, and community mural painting projects.
Headquartered in Makati, SHFC is an attached agency under the DHSUD headed by Sec. Aliling.
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