Pag-IBIG Fund’s home loan releases in the first quarter of 2024 reached P28.09B— the highest amount released by the agency for any January to March period in its history, its top officials announced during the North Luzon leg of the Stakeholders Accomplishment Report (StAR) last May 10 (Friday).
In the first quarter of 2024, Pag-IBIG Fund members collectively saved a record P28.75 billion, setting the highest amount ever saved in the agency’s history during a first quarter, according to top officials. This represents a 36% increase—roughly P7.66 billion more than the P21.09 billion saved during the same period in 2023.
The Pambansang Pabahay Para sa Pilipino Housing (4PH) Program – the government’s flagship housing project provides affordably-priced homes and lower monthly amortization costs through various subsidies for Filipino workers who are members of Pag-IBIG Fund, the Department of Human Settlements and Urban Development (DHSUD) together with Pag-IBIG Fund executives announced last May 1, Labor Day.
OFW organizations are also backing Pag-IBIG Fund’s plan to increase members’ monthly savings rate this year, agency officials announced Tuesday, (16 January). After gaining support from labor and employer groups, Pag-IBIG Fund’s plan also received nods from the Kapisanan ng mga Kamag-anak at Migranteng Manggagawang Pilipino, Inc. (KAKAMMPI), the Kabalikat ng Migranteng Pilipino, Inc. (KAMPI), the Kaibigan ng mga OCWs, and several other OFW groups. “We support unequivocally Pag-IBIG Fund’s Read More
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