TRIPLE-TEAM: (L-R) NHMFC President Carlo Luis P. Rabat, DHSUD Secretary Eduardo D. Del Rosario, and ALCO Vice-Chairman and President Jaime C. Gonzales sign a Statement of Intent that sealed the 3 agencies’ collaboration in the implementation of the Balanced Housing Development Program .

17 June 2022 – The National Home Mortgage Finance Corporation (NHMFC), Department of Human Settlements and Urban Development (DHSUD) and Arthaland Corporation (ALCO) signed a Statement of Intent to collaborate in the implementation of the “Balanced Housing Act” by participating in the BALAI housing projects using green design and technology.

The SOI was signed by NHMFC President Carlo Luis P. Rabat, DHSUD Secretary Eduardo D. Del Rosario, and ALCO Vice-Chairman and President Jaime C. Gonzales.

With this agreement, Arthaland will participate in the Balanced Housing Development Program through the construction of housing units in the various BALAI projects and programs of the government, such as NHMFC’s BERDE Program.  BERDE stands for Building Eligible Resilient Dwelling for Everyone.  It is a sub-program of NHMFC’s Housing Loan Receivables Purchase Program (HLRPP) which serves as a liquidity facility for developers who design and develop new or existing green building or housing projects.

In his message, NHMFC President Carlo Luis P. Rabat emphasized the importance of this partnership not only to the organizations but more importantly, for a brighter and greener future of the country and our mother Earth.

“We hope to see more green housing being built, which addresses both the housing backlog, and mitigates the effects of climate change.”, he added.

On the other hand, ALCO President Gonzales said that BALAI BERDE Program is  a landmark initiative to promote green building revolution in the country and to bring about inclusive growth. He said that they believe that sustainable living is the only way forward and it begins at home.  He added that they are excited for the opportunity to build well designed, high quality, financially feasible green houses for the marginalized sector.

“Access to decent and sustainable housing is everyone’s right and we’re prepared to play the critical role in providing for the less fortunate communities in close coordination with DHSUD and NHMFC,” President Gonzales stressed.

Through this partnership, DHSUD Secretary Eduardo Del Rosario expressed his hope that more developers will do the same to enhance production of more housing units that are green, and by applying as compliance to socialized housing. In an earlier event, NHMFC formally welcomed ALCO into its circle of partner-developers under the BERDE Program thru the signing of a Memorandum of Agreement (MOA).

NHMFC Communication Team