The Metropolitan Manila Development Authority (MMDA) has launched the Local Government Support Fund (LGSF) – Green Green Green Program with the Department of Budget and Management, as well as the inauguration and groundbreaking of project segments for the Roxas Boulevard Promenade.
President Ferdinand R. Marcos Jr. lauded Pag-IBIG Fund anew as the agency declared P48.76 billion in dividends to be distributed to its members as earnings on their savings in 2023, the highest in its 43-year history. For 2023, Pag-IBIG Regular Savings earned an annual dividend rate of 6.55 percent while the Modified Pag-IBIG 2 (MP2) Savings gained an annual return rate of 7.05 percent, both record-highs since the pandemic. The Read More
Pag-IBIG Fund members are set to enjoy doubled savings and higher cash loan entitlements while continuing to have access to affordable home loans, as the agency is set to increase the nearly four-decade old mandatory monthly savings for both members and their employers starting February 2024, officials announced Wednesday (17 January).
The Department of Human Settlement and Urban Development (DHSUD), the Department of Interior and Local Government (DILG), the Metropolitan Manila Development Authority (MMDA), and the Metro Manila mayors have set forth actions for President Ferdinand R. Marcos Jr.’s Pambansang Pabahay Para sa Pilipino Program (4PH).
Pag-IBIG Fund secured the support of the Federation of Free Workers (FFW), one of the country’s top labor organizations, in its plan to increase the nearly four-decade old mandatory monthly savings rate for both members and their employers starting January 2024, officials stated Monday (08 January).
The Trade Union Congress of the Philippines (TUCP) has expressed its support to Pag-IBIG Fund’s plan to increase the nearly four-decade old mandatory monthly savings rate for both members and their employers starting January 2024. In its letter to Pag-IBIG Fund, the TUCP reiterated its position in 2019 supporting the agency’s planned increase. The trade union is one of the country’s largest labor organizations and is composed of 27 labor Read More
Pag-IBIG Fund has approved a P12-billion revolving credit line for the National Housing Authority (NHA), adequate to finance the development of 9,110 housing units, with an initial 6,967 homes to be built in Quezon City, Valenzuela, Zamboanga and San Juan as part of the government’s Pambansang Pabahay para sa Pilipino Housing or 4PH Program, top officials announced Wednesday (20 December).
A total of 2,264 housing units are set to rise in Pampanga, Manila, Misamis Oriental, and Davao City as Pag-IBIG Fund approved a P929-million revolving credit line for the Social Housing Finance Corporation (SHFC) to fund housing projects under the government’s Pambansang Pabahay para sa Pilipino Housing or 4PH Program, Pag-IBIG Fund’s top officials announced Friday (15 December).
Pag-IBIG Fund announced on Tuesday (02 August) that the agency has allocated P3 billion in calamity loan funds to help members affected by Typhoons Egay and Falcon. “Pag-IBIG Fund has allocated calamity loan funds to help affected members in Ilocos Norte, Ilocos Sur, La Union, Pangasinan, the Cordillera Administrative Region (CAR), Bulacan, Pampanga, Bataan, and Cavite, recover from the devastation caused by Typhoons Egay and Falcon. We are also working Read More
A week after being recognized by President Ferdinand R. Marcos, Jr. in his 2nd State of the Nation Address for its record high home loans in 2022, Pag-IBIG Fund has again set a new record in home loans released for the first half of 2023, the agency’s top officials announced Monday (July 31). Pag-IBIG Fund released P57.07 billion in home loans from January to June this year, an increase of Read More
Pag-IBIG Fund members saved P27.51 billion during the first four months of 2023, growing 10 percent year-on-year and setting a new record for the highest amount saved by members for any January to April period.
Pag-IBIG Fund has financed 2,968 socialized homes for minimum-wage and low-income members in the first three months of 2023, its top executives said Tuesday (May 9).
Pag-IBIG Fund released a record-high P27.57 billion in home loans during the first quarter of 2023, an increase of P3.36B or 14% compared to the P24.21 billion released during the same period in 2022, its top officials announced on Monday (April 24).
President Ferdinand R. Marcos Jr. lauded Pag-IBIG Fund’s highest dividend rates since the Covid-19 pandemic, as its Regular Savings dividend rate for 2022 reached 6.53 percent and its Modified Pag-IBIG 2 (MP2) Savings surged to 7.03 percent per annum
All content is in the public domain unless otherwise stated.
Learn more about the Philippine government, its structure, how government works and the people behind it.