What type of loan focuses on financing for rental housing construction?

The correct answer identifies the specific type of loan designating financing specifically for the construction of rental housing. A Rental Housing Construction Loan is tailored for developers or builders looking to construct residential rental properties. This loan is geared towards supporting the creation of housing units that will be available for rent, addressing housing shortages and promoting rental opportunities within communities.

Other loan types listed do not focus primarily on rental housing construction. The Pag-IBIG Affordable Housing Loan, for instance, is aimed at providing financing for individuals to purchase homes, while a Direct Developmental Loan is generally oriented towards broader development projects that may not be limited to rental housing. The Pag-IBIG Calamity Loan is intended for individuals affected by disasters and does not pertain to housing construction needs.