What type of loan provides financing for the development of residential subdivisions?

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The Direct Developmental Loan Program for the Pambansang Pabahay is specifically designed to finance the development of residential subdivisions. This program aims to support the housing sector by providing the necessary financial resources for developers to build and create affordable residential units within subdivisions, ultimately addressing the housing needs of the population.

In contrast, the other loan types serve different purposes. The Pag-IBIG Calamity Loan is intended for individuals affected by disasters, allowing them to access funds for recovery. The Rental Housing Construction Loan focuses on financing the construction of rental housing but does not cater specifically to the development of residential subdivisions. Lastly, the Pag-IBIG Home Equity Appreciation Loan is a financial product designed for homeowners to leverage the equity in their homes rather than for developing new subdivisions. Thus, the focus and goal of the Direct Developmental Loan Program directly align with financing residential subdivision developments.

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