Some 2,600 informal settler families (ISFs) will soon become bona fide homeowners after the Social Housing Finance Corporation’s (SHFC) Board of Directors approved the home loan applications of two community associations, Vice President Jejomar Binay said on Friday.

Binay said the loan applications of the Dario River Alliance Housing Cooperative (DRAHC) and Alyansang Mamamayan sa Valenzuela at Caloocan Housing Cooperative (AMVCHC) amounting to P1.15 billion will be financed under the High Density Housing (HDH) Program.