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PN 2016-18Is the Community Mortgage Program Propoor?
Ballesteros, Marife M., Ramos, Tatum P., Magtibay, Jasmine E.

The government established the Community Mortgage Program (CMP), which is administered by the Social Housing Finance Corporation (SHFC), to enable informal settler families (ISFs) to purchase land by providing them with affordable financing. Loans are granted to community associations (CAs) where ISFs must belong to access the CMP. Given the government's significant subsidy to the program, has the CMP been able to address the needs of the poor and their communities? Results of the assessment show the equity requirements set by the SHFC prevented poor households from becoming program beneficiaries. As this could worsen with further increases in urban land price, this Policy Note recommends implementing an income-based subsidy scheme to prevent further exclusion of the poor. It also suggests making capacity building of the CAs an integral part of the CMP process.

keywords:Philippines, housing, informal settlers, community loan mortgage, Community Mortgage Program (CMP), housing finance
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PN # Title
PN 2016-20Compensatory Payment Scheme for Rice Farmers after Tariffication
PN 2016-19What Do Statistics Say about Basic Education in the Philippines?
PN 2016-18Is the Community Mortgage Program Propoor?
PN 2016-17Continue but Redesign the Grant Program for Water Supply and Sanitation
PN 2016-16The Motor Vehicle User's Charge: Some Issues and Recommendations
PN 2016-15How to Improve Smallholders' Access to Formal Credit: Lessons from the Agrarian Production Credit Program
PN 2016-14Competition for the Market: A Policy Framework for Improving Bus Operation along EDSA
PN 2016-13National Greening Program: Lessons from Institutional Analysis
PN 2016-12Economic and Poverty Impacts of the National Greening Program
PN 2016-11Do Capital Investments in Health Increase Local Service Utilization?
PN 2016-10What Is the Impact of DepED's School-Based Feeding Program?
PN 2016-09Importance of Entrance Exam Scores for Selecting Grants-in-Aid Recipients
PN 2016-08Promoting Inclusive Growth through Higher Education
PN 2016-07Making Digital Dividends Inclusive
PN 2016-06How Effective Has the Generics Act Been?
PN 2016-05Optimizing PhilHealth's Case-based Payment Scheme to Achieve Greater Financial Protection
PN 2016-04Assessment of the COMPACK Program
PN 2016-03Nongovernment Reforestation in the Philippines: Ways Forward
PN 2016-02PhilHealth Coverage in the Informal Sector: Identifying Determinants of Enrollment
PN 2016-01PhilHealth's Employed Program: Strengthening a Mandatory Scheme
		
		
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