What is the primary function of the Direct Developmental Loan Program for Pambansang Pabahay Para sa Pilipino?

The primary function of the Direct Developmental Loan Program for Pambansang Pabahay Para sa Pilipino is to encourage affordable housing financing. This program is designed to provide accessible funding that specifically targets the construction and development of affordable housing options for the Filipino population. By promoting affordable financing solutions, the program aims to address housing needs and help lower-income families achieve homeownership or secure quality housing at sustainable prices.

In this context, luxury housing projects, commercial properties, or the elimination of homelessness do not align with the core mission of the program, which is focused on ensuring that housing is affordable and accessible for a broader segment of society. The emphasis on financing affordable housing directly supports the overarching goal of improving living conditions for families who struggle to secure suitable accommodation.