Pag-IBIG Fund, DHSUD hold housing fairs in Southern Luzon, Visayas to expand access to homeownership

Title Pag-IBIG Fund and DHSUD Team Up to Expand Access to Homeownersh
Homeownership in Southern Luzon and Visayas

The Philippine government's commitment to making decent and affordable hous
housing a reality for all Filipinos has taken a significant step forward wi
with the announcement of a series of housing fairs in Southern Luzon and th
the Visayas. The events, organized by the Pag-IBIG Fund (Home Development M
Mutual Fund) in partnership with the Department of Human Settlements and Ur
Urban Development (DHSUD), aim to bring more housing options closer to Fili
Filipino workers and their families.

A Sustainable Housing Solution

The housing fairs, which kicked off in Southern Luzon and will continue in 
the Visayas on April 30-May 1, are expected to showcase over 20,000 housing
housing units from partner developers, as well as Pag-IBIG's acquired asset
assets for sale. This unique opportunity allows low-income members and othe
other qualified borrowers, including overseas Filipino workers, to access h
homes with monthly amortizations often lower than prevailing rental costs.

Unlocking the Power of Homeownership

Through Pag-IBIG's affordable housing loan programs, many families may find
find that what they would otherwise spend on rent can already go toward pay
paying for a home they will eventually own. This setup allows members to po
potentially reduce monthly housing costs while building long-term financial
financial stability and equity.

A Whole-of-Society Approach to Housing

The housing fairs reflect the administration's whole-of-society approach, i
integrating housing development, financing access, and stakeholder collabor
collaboration to ensure that no Filipino family is left behind. As DHSUD Se
Secretary Jose Ramon Aliling emphasized, By continuing these housing fairs
fairs in South Luzon and the Visayas, Pag-IBIG Fund is bringing together le
leading private developers, affordable financing programs, and government a
assistance in one accessible venue, allowing more workers to move from simp
simply hoping for a home to taking concrete steps toward owning one.

Early Bird Promo and Subsidized Interest Rate

Pag-IBIG is also offering its Early Bird Promo, allowing the first 30,000 q
qualified borrowers to avail of the same 3 percent interest rate for the fi
first 10 years of their loan. This initiative supports the administration's
administration's poverty reduction efforts by enabling families to transiti
transition from renting to homeownership, freeing up resources for other es
essential needs such as education, health, and livelihood.

Conclusion

The housing fairs in Southern Luzon and the Visayas are a significant step 
forward in making homeownership more accessible to Filipino workers and the
their families. By providing affordable financing options and government as
assistance, Pag-IBIG Fund and DHSUD are working together to create a boondo
boondoggle-free solution that benefits all stakeholders involved. As we mov
move forward into 2026, it is crucial that we continue to prioritize inclus
inclusive housing programs that cater to the needs of low-income households
households and promote long-term financial stability.

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Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.