NHMFC signs agreement to fund three housing projects in Isabela

The National Home Mortgage Finance Corp. (NHMFC), Department of Human Settlements and Urban Development (DHSUD), local government units of Isabela and Uanjelle Land Inc. (Uanjelle) concretized their partnership through the signing of a memorandum of agreement for the construction of three housing projects in the towns of Gamu, Jones and San Mateo.

This is in support of the government’s Pambansang Pabahay Para sa Pilipino Program or 4PH spearheaded by DHSUD Secretary Jose Rizalino Acuzar.

Uanjelle Land will construct 13,872 housing units for Balai Isabeleño in the municipality of Gamu, 1,200 houses for Casa de Jonesians in the municipality of Jones and 4,152 units for Don Felino Diego Heights in San Mateo, Isabela.

Uanjelle also tapped other housing originators in the locality to work with them in finishing these housing projects on time.

NHMFC and the municipality of Roxas signed an MOA early this year for the ongoing construction of Green Valley Residences in the municipality of Roxas. More than 4,000 families will be housed in this socialized condominium project.

DHSUD assistant secretary Daryl Bryan Villanueva expressed his appreciation to NHMFC.

“I am extending my gratitude to the National Home Mortgage Finance Corporation headed by President Renato Tobias in your determination to support the goal of President Ferdinand R. Marcos, Jr. to provide decent and affordable houses for our fellowmen,” he said.

“It is very helpful that there is a government agency that wants to help and provide support to developers to facilitate the construction of houses so that our fellowmen can live permanently,” Villanueva said.

NHMFC president Renato Tobias said the corporation stands firmly behind President Marcos and Acuzar’s initiative to reach zero informal settlers by 2028.

“The role of National Home Mortgage is crucial in ensuring the accomplishment of this very challenging vision. We are mandated to ensure liquidity in the housing market, and that funds for housing projects are readily available for our housing originators,” he said.