


| Reference No. (2020-01-04) MEMORANDUM |
|
| FOR : | THE HONORABLE CITY MAYORS |
| FROM : | The Executive Director |
| RE : | Loan Project Financing by the Municipal Development Fund Office (MDFO) |
| DATE: | 24 January 2020 |
We are pleased to inform you of the different financing windows currently being offered by the Municipal Development Fund Office (MDFO) of the Department of Finance (DOF). MDFO is mandated to provide financing for priority development projects of Local Government Units (LGUs) at lower interest rates. Since 1998, the MDFO has been extending loan assistance to LGUs, including free technical assistance in the preparatory stages of project implementation.
Apart from low-interest rates, MDFO provides a menu of options catering to the various financing needs of LGUs. For instance, disaster-stricken cities can take advantage of the Disaster Management Assistance Fund (DMAF) to assist in their rehabilitation efforts. On the other hand, development projects with earning potential are qualified to avail of the Municipal Development Fund Project. Projects with private sector partners can access MDFO’s Public-Private Partnership Fund. For cities that are new to obtaining loans, we encourage that you take advantage of MDFO’s Project Technical Assistance and Contingency Fund. Attached are copies of the brochures for these financing windows. Also, attached are copies of various forms and requirements to facilitate loan access.
Interested cities may contact Ms. Rachelle Gladys M. Audar, Financial Analyst III of the Project Appraisal and Evaluation Division, at (02) 8525-9187 or at mobile nos. 09176331173, 09175417174, or 09209674811. Also, you may check on their website at http://www.mdfo.gov.ph or email them at mdfo@dof.gov.ph. Thank you.
Very truly yours,
ATTY. SHEREEN GAIL C. YU-PAMINTUAN
Executive Director
Click here to download PTACF Fund brochure
Click here to download PPP Fund brochure
Click here to download DMAF Fund brochure
Granting Authority to make Advance Payments for the Procurement of COVID-19 Vaccines
The Advocate
City Mayors to meet Vaccine Czar, FDA Director
Philippine Cities Local Issuance on COVID-19
COVID-19 at PH Cities
One Planet City Challenge 2019 - 2020
PASUNDAYAG: Central and Southern Luzon Regional Innovation Fair
SCURP: ABC in URP
APO International Conference on Public Sector Productivity
Self-learning training course on Disaster Risk Management for urban planning practitioners
Earth Hour 2018 Switch-Off Event
Guangzhou Award for Urban Innovation and WRI Ross Prize for Cities
World Bank's Philippine Urbanization Review Now Available for Download
Confucius Institute Day and Mid-Autumn Festival celebration
BI Bares New Travel Rules for LGU Execs, Employees
Commit to addressing mobility and health with City for Clean Air Certification
Training Program on Project Development and Management (PDM)
International Master in Anti-Corruption Compliance and Collective Action (IMACC)
World Day to Combat Desertification
International Food Exhibition (IFEX) Philippines Food Export and Investment Seminars
Global Peace Volunteers Camp (Teen Edition)
ASEAN Creative Cities Forum and Exhibition
Australia Awards Scholarship
Conference on Sustainable Land Governance
Rediscover Filipino-Chinese Arts, Culture and heritage
UN Habitat III Opening Session
3rd International River Summit
Alberto C. Agra
FEATURE CITY

