Pag-IBIG Fund extended socialized housing loans 10.640 members from the minimum-wage and low-income sectors in the first half of 2021 despite the continuing pandemic, top officials announced Wednesday (July 21, 2021).
Amid the health crisis, the number of socialized home loans granted during the same period last year.
We believe that home ownership is a right of every Filipino family. With the Affordable Housing Program of Pag-IBIG Fund, achieving the dream of homeownership. This our way of adhering to President Rodrigo Duterte’s call for government institutions to carry out programs that address the needs for government institutions to carry out programs that address the needs of the undeserved sector,” said Secretary Eduardo D. Del Rosario
During this difficult time, Pag-IBIG Fund’s Affordable Housing Program has become the means to support our low-income members in helping them acquire their own homes. Because we are exempt from tax under our Charter , Pag-IBIG Fund can afford to offer the lowest rates for the home loans of minimum and low-wage workers. And what’s more, qualified borrowers will never have put out cash for equity under program,” Moti Said
