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Mud and debris are scattered around broken roads in Laurel, Batangas on October 26, 2024, days after severe tropical storm Kristine battered the Philippines. Dennis Datu, ABS-CBN News

Article (news)

Kristine ravages Batangas

Victoria Tulad

ABS-CBN News

<p>MANILA — The National Housing Authority (NHA) has implemented a one month moratorium on the amortization and lease payments of those affected by Severe Tropical Storm Kristine and Super Typhoon Leon.</p><p>The moratorium will be implemented automatically, will cover all NHA beneficiaries in the Philippines, and will run from November 1 to November 30.</p><div><a href="https://news.abs-cbn.com/news/2024/11/4/philippines-marks-day-of-national-mourning-for-kristine-victims-1041">• Philippines marks Day of National Mourning for Kristine victims</a></div><p>&quot;Magsisimula muli ang pagbabayad ng amortization at lease payments sa December 1, 2024,” NHA department manager Cromwell Teves said on <span id="isPasted" style="color:rgb(65, 65, 65);letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">Bagong Pilipinas Ngayon.</span></p><div><span id="isPasted">(Payment will resume on December 1)</span></div><p>Teves said NHA will not impose any delinquency fines or additional interest during the moratorium period.</p><p>At the same briefin, Teves shared that the NHA has 80,000 housing units in its pipeline of projects under the Marcos administration. </p><p>Some of these include the housing project for those affected by the South Long Haul project of the Philippine National Railways, and housing units for those affected by the eruption of Taal Volcano in 2020 and 2023.</p><div><a href="https://news.abs-cbn.com/business/2024/8/7/marcos-jr-oks-proposed-sovereign-guarantee-on-costs-of-public-housing-1453" rel="noopener noreferrer" target="_blank">•Marcos Jr. OKs proposed sovereign guarantee on costs of public housing</a></div><div><strong>RELATED STORY:</strong></div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/wqSUDf4CBf0?&amp;ab_channel=ABS-CBNNewsautoplay=1&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div>

<p>The National Housing Authority (NHA) has implemented a one month moratorium for amortization and lease payments for Kristine and Leon victims.</p>

The National Housing Authority (NHA) has implemented a one month moratorium for amortization and lease payments for Kristine and Leon victims.

NHA pauses amortization, lease payments in November to help Filipinos recover from storms

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NHA pauses amortization, lease payments in November to help Filipinos recover from storms

Victoria Tulad,

ABS-CBN News

Published Nov 04, 2024 03:52 PM PHT

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