DHSUD chief says KSAs posted record performances in Q1 2021

Key Shelter Agencies (KSAs) posted record performances in the first quarter of 2021, the Department of Human Settlements and Urban Development’s (DHSUD) reported on Thursday.

The DHSUD said the National Housing Authority (NHA) posted a 302-percent accomplishment rate for “Yolanda” housing and 68-percent accomplishment rate for shelter schemes for former rebels.

The agency also said NHA also recorded a 253-percent growth in housing completions for informal settler housing facilities.

“The housing agency trumpeted a 253-percent growth in housing completions mainly due to finalized projects intended for informal settlers affected by the Supreme Court mandamus and those affected by government-led infrastructure projects,” DHSUD said.

DHSUD added NHA also excelled in terms of housing programs for government employees, recording a 94-percent growth rate for the said period.

Meanwhile, the DHSUD said the Home Mutual Development Fund or Pag-IBIG Fund posted a 33-percent increase in home loan releases valued at P20.94 billion during the first three months of the year.

The Fund also recorded a P29.4 billion worth of dividend payout for fiscal year 2020, marking a 5.62-percent surge per annum.

The National Home Mortgage Finance Corp. (NHMFC), meanwhile, posted P6.82 billion worth of housing receivables purchased.

DHSUD also said the NHMFC also issued BALAI Bonds 1 and 2 and secured ISO certification for securitization of housing loan portfolios and borrowers’ services.

Social Housing Finance Corp. (SHFC), for its part, reported that it released P228.8 million worth of housing loans through 13 projects under its Community Mortgage Program that benefited 3,742 informal settler families (ISF) during the first quarter of the year.

It also rolled out five housing schemes that helped improve the lives of 8,282 ISF families across the country.

SHFC modified its collection efficiency by nearly 84 percent as of January 2021 and succeeded in collecting P248.19 million as of the end of March this year.

DHSUD also said the Human Settlements Adjudication Commission (HSAC) disclosed that its Regional Adjudication Branches (RABs) were able to handle 1,816 cases in the first three months of the year, with most of the cases lodged with the RAB-4A.

A total of 119 of these cases were disposed of, 39 percent of which were from the National Capital Region. There are still 1,697 ongoing cases being handled by HSAC as of end-March 2021.

The accomplishments were reported during the recent National Human Settlement and Urban Development Coordinating Committee   meeting led by DHSUD Secretary Eduardo del Rosario.

Del Rosario called on KSAs to further bolster collaboration with the private sector in attaining their common goal of providing decent and affordable housing communities to Filipino families, especially the underprivileged.

The NHSUDCC seeks to serve as a stepping stone for DHSUD to further enhance its tie-up with KSAs in upholding the department’s housing and urban development policies and programs across the country.

Part of DHSUD’s key strategies this year is to strengthen engagements not only with the KSAs and housing stakeholders including partner developers, but also at the grassroots level through local government units.


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Article

Program to control dog-mediated rabies gains OIE endorsement

Next Article

Govt readies sale of mine sites to boost pandemic recovery

Related Posts

400 Cebu farmers get CLOAs from DAR

A total of 400 agrarian reform beneficiaries (ARB) in Barangay Binongkalan, Catmon, Cebu received 326 certificates of land ownership award (CLOAs), covering 157.28 hectares of agricultural lands from the Department of Agrarian Reform (DAR) to improve their economic lives.