The Community Mortgage Programme: An Innovative Social Housing Programme in the Philippines and Its Outcomes

• Main Authors: Porio, Emma E, Crisol, Christine, Magno, Nota F, Cid, David, Paul, Evelyn N
• Format: text
• Published: Archīum Ateneo 2004
• Subjects: Demography, Population, and Ecology; Sociology
• Online Access: https://archium.ateneo.edu/sa-faculty-pubs/54; https://www.taylorfrancis.com/books/e/9781849771108/chapters/10.4324/9781849771108-12
• Institution: Ateneo De Manila University

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.