Social Housing Finance Corporation (SHFC) is implementing a three-month moratorium on the payment of loan amortization of its partner-homeowners from March 16 to June 16. This is SHFC’s answer to the call of President Rodrigo Duterte to exhaust all efforts to respond to the needs of Filipinos amid the threat of Covid-19 in the country.
Aside from the payment extension, no penalties will be charged to accounts whose due dates fall within the period. The loan reprieve was pursuant to the advisory released by the Department of Human Settlements and Urban Development (DHSUD) after President Duterte placed the entire Luzon region under enhanced community quarantine. SHFC is one of the key shelter agencies under DHSUD.
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