The Housing Loan Condonation Act would let borrowers of socialized or low‑cost housing loans who are at least three months behind on payments apply, without fees, for a restructuring that wipes out past interest, penalties and surcharges, and may extend the loan term up to the borrower’s age 70. It also offers interest‑rate discounts for borrowers who stay current, and lets qualified heirs take over the loan if the borrower becomes permanently disabled. The program runs for 24 months after rules are issued, but the
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Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB06276. Status changes over time; check the link for the latest.
HB06276 · Sources: BatasWatch
Status history
No changes since we started checking daily on Oct 4, 2026.
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.