The National Home Mortgage Finance Corporation (NHMFC) has marked another milestone in its initiatives for sustainable housing with the signing of a Green Covenant with Uanjelle Land Inc., and Stagno Properties represented by Former Isabela Governor Faustino Dy Jr. for the participation of the Cathedral Village Project in NHMFC’s Building Eligible Resilient Dwelling for Everyone (BERDE) Program.

The BERDE Program offers interest rates as low as 3 percent for up to 30 years to green-certified housing projects. Apart from significant savings in energy costs, the BERDE Program also promotes savings in mortgage loans for homebuyers, allowing for overall improved financial capability for homebuyers.

NHMFC president Renato L. Tobias has reaffirmed the corporation’s strong commitment to promoting full renewable energy integration in government-supported housing projects.

Green housing units

Outlining key upcoming developments under this initiative, Tobias said, “These renewable energy systems create new opportunities in construction, technology, and financial services. The green housing units in Isabela will incorporate energy-efficient solar panels and microgrid systems. These innovations will translate into zero energy bills for homeowners for the first five years, significantly improving long-term affordability.”

Tobias has likewise highlighted that through the NGO Water.org, Isabeleños will have access to safe and clean water and sanitation facilities — a key component for creating healthier, more sustainable communities.

Securitizing green home mortgages

“NHMFC will be able to securitize these green home mortgages into sustainable or green bonds, unlocking greater financial liquidity and supporting the continuous rollout of green housing nationwide,” he said.

Tobias expressed gratitude to former Governor Dy, Uanjelle Land and Water.org for their efforts in turning Isabeleños’ dreams into reality.

Through programs like BERDE, NHMFC has reaffirmed its dedication to building future-ready communities and advancing green housing development, co-branding with President Ferdinand Marcos Jr.’s flagship Pambansang Pabahay Para sa Pilipino program.

Present during the covenant signing were Former Governor Dy and Anthony Dy representing Stagno Properties, Uanjelle Land president Alduane Alegria and Willie Alegria, GBF New Power Group CEO Samuel Yang, board of director Hanson So, Water.org portfolio manager Arvin Longcop and partnership account manager Rachele Jane Pestano.