NHMFC President Carlo Luis P. Rabat (center) receives the Plaque of Appreciation from OSHDP National President Paolo Giovanni “Gino” Olivares (left) and OSHDP Chairman of the Board Mr. Marcelino Mendoza during the recently held Appreciation Dinner at Edsa Shangri-La.

15 June 2022 – National Home Mortgage Finance Corporation President Carlos Luis P. Rabat received the Plaque of Appreciation from the Organization of Socialized and Economic Housing Developers of the Philippines (OSHDP) at the recently held Appreciation Dinner for OSHDP’s partners in keeping the housing industry strong despite the challenges of the past years.

The award is in recognition of NHMFC’s support to OSHDP’s vision of efficient and timely delivery of socialized and economic housing. OSHDP also recognized the corporation’s outstanding dedication, commitment and service to the housing industry and the country despite the challenges confronted by the housing sector.

“The NHMFC, throughout the years, has developed groundbreaking financial instruments to increase the availability of decent and affordable housing loans for all Filipinos. Our flagship programs – the Housing Loan Receivables Purchase Programs, particularly our Purchase of Economic and Low-Cost Housing Receivables or HOME Program, and our Socialized Housing Loan Takeout of Receivables or SHeLTeR Program. – aim to bridge the gap of the country’s economic and socialized housing backlog,” President Rabat said.

He added that “considering the challenges, this mission is not easy but partnering with institutions like OSHDP, whose thrust is also on efficient delivery of socialized and economic housing, the burden becomes lighter.”

President Rabat also expressed his delight to be accorded with the recognition together with Department of Human Settlements and Urban Development (DHSUD) Secretary Eduardo del Rosario and Pag-ibig Fund CEO Acmad Rizaldy  Moti.  He specially thanked DHSUD Secretary Eduardo del Rosario for the department’s undying support and leadership to the NHMFC and the other Key Shelter Agencies, making the housing sector’s vision a success.

The NHMFC President also vowed that the agency will continue with its goal, as a secondary mortgage institution, to develop groundbreaking financial instruments to increase the availability of decent and affordable housing loans to all Filipinos.

(L-R) OSHDP National President Paolo Giovanni “Gino” Olivares, NHMFC President Carlo Luis P. Rabat, DHSUD Secretary Eduardo del Rosario, Pag-ibig Fund CEO Acmad Rizaldy Moti and OSHDP Chairman of the Board Mr. Marcelino Mendoza posed for a photo during OSHDP’s Appreciation Night in recognition of the selfless service and dedication of the leaders in the housing industry.

NHMFC Communication Team