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For New Private Originators 1. SEC/CDA Registration and Articles of Incorporation /Code of By-Laws. 2. Bio-Data of Officers indicating past and present positions held in relation to involvement in community based economic/social development projects (Please include references).
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For New Private Originators 1. SEC/CDA Registration and Articles of Incorporation /Code of By-Laws
2. Bio-Data of Officers indicating past and present positions held in relation to involvement in community based economic/social development projects(Please include references)
3. Notarized Board Resolution or Secretary’s Certificate( re: Community coordinating activities on the project)
4.Track record in CMP and/or social housing development projects, i.e. Summary of CMP and/or social housing development projects undertaken
For Participating Local Government Units (LGUs): 1. Council/Sangguniang Bayan Resolution
2. Permanent Unit/Department who will handle processing of CMP
For Other Government Entity 9. Copy of Charter (if entity is not involved in housing) 10. Authority from Board/Head of Office to Originate
Social Housing Finance Corporation a subsidiary of National Home Mortgage Finance Corporation WHAT IS THE RATIONALE OF THE LCMP? • The LCMP seeks to contribute to the fulfillment of the LGUs mandate (per RA 7160 and RA 7279) of implementing a comprehensive and continuing urban development program and uplift the conditions of the underprivileged and the homeless in their respective localities. • The LCMP will serve as a vehicle that will enable the LGUs to maximize the utilization of their limited housing budget, with SHFC providing an additional funding equivalent to 75% of the project cost thereby increasing their budget utilization to four times (4x) the original amount.