In line with Mayor Leni Robredo’s directive to strengthen Naga City’s housing program as part of her 2028 Finish Line roadmap, the Housing and Settlements Development Office (HSDO) has initiated steps to implement the Community Mortgage Program (CMP), a government-backed, people-led housing finance initiative.
HSDO Department Head Engr. Rolando Campillos has begun a series of preparatory meetings and coordination activities with Mr. Will Peran of the Social Housing Finance Corporation (SHFC), the national agency tasked to implement the CMP.
The Community Mortgage Program is designed to assist legally organized homeowners associations composed of low-income groups in acquiring and developing land under the concept of community ownership.
Through the program, beneficiaries are given access to affordable financing to purchase and improve their housing sites, eventually leading to secure land tenure and upgraded living conditions.
As part of the city’s efforts to roll out the CMP, two homeowners associations—Sitio Sto. Niño Homeowners Association in Sabang and Mabolo Homes Subdivision Homeowners Association in Barangay Mabolo—underwent initial orientation sessions on July 17 and 18, respectively.
These sessions introduced the core principles, processes, and benefits of the program to prospective beneficiaries.
The city government is hopeful that the CMP will accelerate its goal of inclusive and community-driven shelter development for Nagueños, especially those belonging to vulnerable and informal settler sectors. | via Jason B. Neola
