Pag-IBIG sets housing fair in Pampanga

A HOUSING fair in Central Luzon set on March 18 and 19 can help aspiring homebuyers as more than 20,000 affordable housing units will be made available for them, Pag-IBIG Fund CEO Marilene Acosta said on Monday. To be held at LausGroup Event Centre in Pampanga, the two-day event will also feature housing units with monthly payments as low as P3,411 through the expanded Pambansang Pabahay Para sa Pilipino (4PH) Program’s 3-percent subsidized interest rate, allowing families earning at least P11,443 a month to qualify for a housing loan, Acosta said. Mainly organized by the Home Development Mutual Fund (HDMF) or Pag-IBIG, the program is being rolled out in partnership with the Department of Human Settlements and Urban Development (DHSUD) while more than 40 developers and housing agencies are expected to join. “This will allow prospective buyers to explore thousands of house-and-lot and socialized housing options from across the region in one venue, with on-site assistance for housing loan applications,” the top Pag-IBIG official said. Housing Secretary Jose Ramon Aliling, who also chairs Pag-IBIG’s board of trustees, said the housing fair supports the government’s continuing push to make decent and affordable housing more accessible to Filipinos. “Through the Expanded Pambansang Pabahay Para sa Pilipino Program, we are making home ownership more accessible to more Filipino families. By bringing developers, financing institutions and government agencies together in one venue, the Pag-IBIG Housing Fair gives aspiring homeowners an easier way to explore affordable options that match their needs and financial capacity,” Aliling said. During the fair, the agency said selected house-and-lot units priced at up to P1.8 million will also be offered. Over 3, 000 acquired assets will also be offered at discounted prices during the event, Pag-IBIG said. The event is open to the public free of charge starting at 8 a.m. on both days. The agency said attendees are encouraged to bring one valid identification card and proof of income such as a recent pay slip or income tax return, for initial on-site evaluation.