TO HELP QUAKE VICTIMS DHSUD orders moratorium on housing amortization

The Department of Human Settlements and Urban Development (DHSUD) has ordered its key shelter agencies (KSAs) to implement a moratorium on housing amortization in areas hit by typhoons and the recent earthquake that struck Cebu province.

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The directive, issued by DHSUD Secretary Jose Ramon Aliling, complies with President Ferdinand R. Marcos Jr.’s instruction to extend all possible assistance to disaster victims.

“Alinsunod sa utos ng Pangulo, handa ang DHSUD at aming mga attached agencies upang umagapay sa mga biktima ng kalamidad patungo sa kanilang pagbangon,” Aliling said.

The moratorium applies to members of Pag-IBIG Fund, National Home Mortgage Finance Corporation (NHMFC), National Housing Authority (NHA), and Social Housing Finance Corporation (SHFC)—all under DHSUD’s oversight.

“Bilang paunang tulong ay sinuspinde na namin ang housing amortization sa mga members na naapektuhan ng mga bagyo at lindol sa Bicol at Cebu,” Aliling added.