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DHSUD agencies freeze housing loan payments in typhoon, quake zones
The Department of Human Settlements and Urban Development (DHSUD) has suspended housing amortization payments for residents in areas affected by recent typhoons and an earthquake.
The moratorium covers victims of typhoons 'Nando' and 'Opong' in Bicol, and the magnitude 6.9 earthquake in Cebu.
This directive aims to provide assistance to over 3.5 million individuals affected by typhoons Opong, Nando, and Mirasol, according to the NDRRMC.
Key shelter agencies including Pag-IBIG Fund, NHMFC, NHA, and SHFC are ordered to implement the suspension.
DHSUD Secretary Jose Ramon Aliling also requested regional offices to conduct damage assessments.
The duration of the moratorium has not yet been specified.
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