ARTHALAND’s green developments, known for having the highest standards for excellence in design, high quality, and focus on sustainability and wellness, are now more accessible and affordable to a broader market segment through the BALAI BERDE program of the National Home Mortgage Financing Corporation (NHMFC). BALAI BERDE is a Housing Finance Program designed to increase capital allocations for green projects that contribute to environmental sustainability and resiliency to climate change and natural disasters. It is the first program among the government’s Key Shelter Agencies (KSA) under the Department of Human Settlements and Urban Development (DHSUD).
The loan is open to everyone as long as the property they are planning to purchase is qualified under the BALAI BERDE program. It comes with a lower, annual fixed interest rate for as low as 3% percent depending on the term of the loan ranging from 5 to 30 years. Homebuyers may borrow up to 100% of the appraised value of their property.
“As the country’s foremost green developer, the BALAI BERDE program will help us realize our goal of bringing our brand of boutique, sustainable and exceptional developments to more people to create a better future for everyone,” said Jaime C. González, Vice Chairman and President of ARTHALAND.
The well-thought-out sustainable features and well-designed spaces in each Arthaland development ensure residents live in utmost comfort and in harmony with nature. They also get to enjoy more savings due to lower electricity and water bills.
“It brings the NHMFC great pleasure to welcome ARTHALAND as our new partner. We believe that this partnership will encourage other developers and originators to participate in green, sustainable, and resilient housing. We are also hoping it would result in a virtuous exchange of ideas, experiences, and expertise between ARTHALAND and NHMFC to improve further and enhance the financing and implementation of green housing in the country,” said Carlo Luis Rabat, President of NHMFC.
ARTHALAND is the first real estate developer in Asia and the first signatory from the Philippines to the Net Zero Carbon Buildings Commitment of the World Green Building Council. It has pledged to decarbonize 100% of its portfolio by 2030. For more information about ARTHALAND, e-mail [email protected], or visit www.arthaland.com.
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ARTHALAND is the only real estate developer in the Philippines with a portfolio which is 100% certified as sustainable, recognized by both local and global organizations for its focus on sustainability, wellness, high quality, and superior design. It has made its mark in the Philippine real estate industry by pioneering the development and management of exceptional best-in-class properties, with a long-term goal of creating value for the next generation while considering the social, environmental, and economic impact.