In recent years, a number of lending instruments have been introduced and tried out in the area of housing finance. In the Philippines, a group lending scheme is being implemented through the government's Community Mortgage Program (CMP). While the program is generally accepted as a pro-poor housing program, its financial sustainability has been in question. This Policy Notes seeks to find out why.
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In the Media
- Keith Richard D. Mariano. 2017. More private sector tie-ups seen cutting housing backlog. Business World.