The DBP Credit Facility for the 4PH Program (BAHAY-4PH) is a sub-program of the BAHAY Program crafted in support of the government’s Pambansang Pabahay Para sa Pilipino (4PH) Program. It is specifically designed to provide financing through development loans to Local Government Units (LGUs), housing developers and contractors participating as project proponents in the 4PH Program.
Spearheaded by the Department of Human Settlements and Urban Development (DHSUD), the 4PH Program aims to address the country’s housing needs, currently estimated at 6.5 million, by targeting to construct one million housing units per year from 2022 to 2028. Aligned with this thrust, DBP’s BAHAY-4PH Program supports the government’s initiatives to address the nation’s housing backlog through financing of mass housing projects.
Eligible Borrowers
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- Local Government Units (LGUs)
- Developers
- Contractors
- Joint Venture (JV) entities limited to developers, LGUs, or contractors
Eligible Loan Purposes
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- Site development and construction of housing units; or
- Land acquisition for the purpose of and in conjunction with site development and construction of housing units.
Loan Amount
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- For LGUs, up to 100% of Total Project Cost (TPC)
- For other borrowers, including JVs, whichever is lower of the following: Actual project needs as supported by cash flow projections, or up to 80% of the validated TPC.
Loan Term –Up to five (5) years based on borrower’s cash flow
Interest Rate – Based on DBP’s applicable benchmark rates and credit spread
Basic Documentary Requirements
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- Application letter indicating amount and loan purpose
- Business Registration and Permit
- Latest SEC General Information Sheet (GIS)
- Copy of Articles of Incorporation and By-Laws with amendments, if applicable
- Board Resolution and Secretary’s Certificate authorizing the loan, indicating the authorized signatories and authorized person to transact the loan
- Audited Financial Statements (last 3 years)
- Copy of the latest ITR, duly-stamped and received by the BIR, if applicable
- Valid IDs of the borrower/mortgagor/third party mortgagor/surety/guarantor
- Copy of Statement of Assets and Liabilities (SALN) of Joint and Solidary Signature (JSS) parties
- Proof of awarded contract/s (for contractors)
- Project proposal
Note: Additional requirements may be required based on the borrower type and nature of the project to be financed.
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- Copy of Project Eligibility Clearance from DHSUD
- Copy of Memorandum of Agreement (MOA) with partner-LGU
- Certification from the partner-LGU on the identification of the project’s buyer-beneficiaries and indicating the required Pag-IBIG eligibility requirement
- Environmental Compliance Certificate (ECC) or Certificate of Non-Coverage (CNC)
- Pag-IBIG pre-qualification of the following:
- developer’s accreditation
- project’s accreditation
- membership status and/or eligibility of buyer-beneficiaries
For loan application, you may contact the lending units near you:
Metro Manila Lending Groups
Corporate Banking Group
Tel. Nos.: (02) 8812-6536
E-mail: cbg@dbp.ph
Corporate Banking I Department
Tel. Nos.: (02) 8893-8940
E-mail: cbd1@dbp.ph
Corporate Banking II Department
Tel. Nos.: (02) 8892-8369
E-mail: cbd2@dbp.ph
Financial Institutions Department
Tel. Nos.: (02) 8818-9511 loc. 3317
E-mail: fid@dbp.ph
Public Sector Department
Tel. Nos.: (02) 8815-0908
E-mail: psd@dbp.ph
SME Retail and Mid-Market Lending Group
Tel. Nos.: (02) 8893-1177
E-mail: smermmlg@dbp.ph
Middle Market I Department
Tel. Nos.: (02) 8818-9511 loc. 3322
E-mail: mmd1@dbp.ph
Middle Market Il Department
Tel. Nos.: (02) 8818-9511 loc. 3313
E-mail: mmd2@dbp.ph
SME (NCR) Department
Tel. Nos.: (02) 8812-9932
E-mail: smed@dbp.ph
Provincial Lending Groups
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