The Social Housing Finance Corporation (SHFC) has approved the application of Pagkamoot Village-1 Homeowners’ Association, Inc. in Tabaco City, Albay under the Enhanced Community Mortgage Program (ECMP), marking another milestone in its mission to provide safe, decent, and affordable housing under the expanded Pambansang Pabahay para sa Pilipino (4PH) Program.
Following a thorough evaluation, President and CEO Federico Laxa, together with members of the Credit Committee, gave the green light for the community’s ECMP application. With the approval of Pagkamoot Village-1, the total number of ECMP beneficiaries nationwide has surged to almost 1,000 in less than a week.
Just last week, SHFC approved four ECMP projects—Centennial Sunrise HOA in Pasig City, Wawangpulo HOA Phase 1 in Valenzuela City, and Pinag-isang Magkakapitbahay ng Miranda Compound Phases 1 and 2 in San Fernando City, Pampanga—which will benefit over 800 families.
SHFC’s swift approval of these projects underscores its commitment to accelerating the rollout of pro-poor initiatives, in line with the directive of President Ferdinand Marcos, Jr. and Department of Human Settlements of Urban Development Secretary Jose Ramon Aliling.
“Each approved project under the ECMP is a step closer to our goal of building lives and transforming communities,” said Laxa, expressing confidence that the agency is on track to award the initial batch of ECMP projects to over 5,000 families nationwide by October.
The ECMP is a revitalized version of the flagship CMP, designed to be more responsive and better aligned with the evolving needs of communities. “We will be transformative in our approach to the ECMP,” Laxa said. “Our beneficiaries can count on continuous support to help them build better lives within their own communities.”
Located in Barangay Pinagbobong, Pagkamoot Village-1 will benefit over 150 families. Its members come from low-income groups in both the formal and informal sectors, including street vendors, garbage collectors, drivers, barbers, factory workers, teacher, and call center agents. Many of these families were displaced by Super Typhoon Reming, which caused catastrophic devastation across Bicol Region.
With SHFC’s support, Pagkamoot, which means “love” in the Bicolano language, now stands as a symbol of resilience, commitment, and the transformative power of people-centered housing solutions.
Headquartered in Makati and has over 30 offices across the country, SHFC is an attached agency under the Department of Human Settlements of Urban Development headed by Secretary Aliling.
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 has approved the application of Pagkamoot Village-1 Homeowners’ Association, Inc. in Tabaco City, Albay under the Enhanced Community Mortgage Program (ECMP), marking another milestone in its mission to provide safe, decent, and affordable housing under the expanded Pambansang Pabahay para sa Pilipino (4PH) Program.){kind=link}