Twenty-four informal settler families who applied for the Community Mortgage Program of the Social Housing Finance Corp. received their land titles on Tuesday at Patdu Compound, South Greenheights Subdivision, Putatan, Muntinlupa City.
The beneficiaries expressed their gratitude to SHFC officials led by vice president Annicia Villafuerte during the awarding ceremony and forum on the company’s 28-year Community Mortgage Program.
Mayor Jaime Fresnedi said he thanked the private sector, civil society organizations and other stakeholders for transforming informal settlers into empowered, resilient and sustainable communities.
Fresnedi urged the beneficiaries further develop their community.
Issues on climate change and community upgrading such as assessment of physical vulnerability and street led slum upgrading approach were raised in the program.
Under the CMP, members of registered community organizations in depressed areas secure mortgage applications to procure the lots on which their houses are situated or wherever the community decides to be relocated.
Since 1994, the local government, through Urban Poor Affairs Office, granted 25 CMP applications to Muntinlupa organizations. Six CMP applications are now being processed and 10 community associations have ongoing negotiations with the landowners.