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The moratorium on housing amortization for members affected by the Severe Tropical Storm Kristine will be implemented all throughout November to ease their financial burdens, the National Housing Authority said on Monday. The amortization will resume on December 1. “Ang moratorium ay automatikong ipapatupad para sa mga benepisyaryo sa buong bansa mula November 1 hanggang November 30 ngayong taon.
“So kung anumang penalties at interest na naipon bago ang November 1 ay muling magsisimula lamang sa December 1, 2024,” Teves added. The Department of Human Settlements and Urban Development earlier directed NHA and other key shelter agencies to pause the housing moratorium of all affected members during Kristine’s onslaught. Data from the National Disaster Risk Reduction and Management Council said that there 211,792 houses damaged worth over P3.
Typhoon Victims Housing Amortization NHA
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