dmaf.pdf - ver 1.0 July 2019 LOAN TERMS AND CONDITIONS Categories C1:Soft Component Cities 1-3 st rd Provinces 4 6 th Not Applicable th 1-3 st rd 1.5 4

dmaf.pdf - ver 1.0 July 2019 LOAN TERMS AND CONDITIONS...

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A PPLICATION R EQUIREMENTS T HE E XECUTIVE D IRECTOR Municipal Development Fund Office (MDFO) Department of Finance (DOF) 4th Floor, Palacio del Gobernador Building Gen. Luna Street, Intramuros, Manila 1002 Mobile Nos.: Smart (0920) 967-4811 Globe (0917) 633-1173; (0917) 541-7174 Sun (0925) 542-3932 Email: [email protected] Website: Department of Finance MUNICIPAL DEVELOPMENT FUND OFFICE L OAN T ERMS AND C ONDITIONS 1. Letter of Intent duly signed by the Local Chief Executive; 2. Sangguniang Resolution affirming the interest of the LGU to apply, negotiate and borrow funds from the DOF-MDFO for the implementation of the subproject; 3. Feasibility Study/Project Proposal; 4. Commitment Letter; and 5. Certificate of Net Debt Service and Borrowing Capacity issued by the Bureau of Local Government Finance (BLGF). For more information, please write or call: Disaster Management Assistance Fund Categories Cities Provinces Municipalities Repayment Period Financing Threshold 1 st -3 rd 4 th - 6 th 1 st -3 rd 4 th - 6 th 1 st -3 rd 4 th - 6 th C1:Soft Component Not Applicable 1.5% 1.5% 0.5%-1% 0% 3 years (no grace period) P20 Million (Provinces) P10 Million (Municipalities/Cities) C1:Infrastructure 3.0% 15 years inclusive of 3
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  • Fall '19
  • Finance, LGU, Municipal Development Fund Office

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