The Community Mortgage Programme: An Innovative Social Housing Programme in the Philippines and Its Outcomes
The Community Mortgage Programme (CMP) is an innovative housing finance programme in the Philippines that allows low-income families, particularly those living on public and private lands without security of tenure, to have access to affordable housing. It is a programme for legalizing and upgrading...
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| Main Authors: | , , , , |
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| Format: | text |
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Archīum Ateneo
2004
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| Subjects: | |
| Online Access: | https://archium.ateneo.edu/sa-faculty-pubs/54 https://www.taylorfrancis.com/books/e/9781849771108/chapters/10.4324/9781849771108-12 |
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| Institution: | Ateneo De Manila University |
| Summary: | The Community Mortgage Programme (CMP) is an innovative housing finance programme in the Philippines that allows low-income families, particularly those living on public and private lands without security of tenure, to have access to affordable housing. It is a programme for legalizing and upgrading squatters and informal settlements or for supporting their inhabitants to develop homes on a legal site elsewhere. Between 1991 and 2001, it assisted 106,273 poor families in securing housing and land tenure in 854 communities (CMP, 2001). It is the most responsive and cost-effective government housing finance programme in the Philippines; it also has the highest collection efficiency rate of all government housing loan programmes. |
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