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An Assessment of the Community Mortgage Programs of the Social Housing Finance Corporation

Author

Listed:
  • Ballesteros, Marife M.
  • Magtibay, Jasmine E.
  • Ramos, Tatum

Abstract

The Community Mortgage Program (CMP) is a financing scheme that enables organized residents of slums to borrow for land purchase and housing development. It is considered to be the most innovative and responsive government housing program in the Philippines. Nevertheless, the CMP has a number of weaknesses that have not been given much attention in the years of program implementation. These issues pertain to program targeting, service delivery, and organization. This study aims to review the current processes and overall performance of the CMP including its variants—the localized CMP and the High Density Housing Program. It also provides recommendations on how the identified problems can be addressed.

Suggested Citation

  • Ballesteros, Marife M. & Magtibay, Jasmine E. & Ramos, Tatum, 2015. "An Assessment of the Community Mortgage Programs of the Social Housing Finance Corporation," Discussion Papers DP 2015-41, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_2015-41
    as

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    File URL: https://www.pids.gov.ph/publication/discussion-papers/an-assessment-of-the-community-mortgage-programs-of-the-social-housing-finance-corporation
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    References listed on IDEAS

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