Pag-IBIG: 50,000 homes up for grabs at 2-day housing expo

About 50,000 housing units will be offered to Filipino workers and their families at the Department of Human Settlements and Urban Development (DHSUD) and Pag-IBIG Fund’s 2nd National Housing Expo at the SMX Convention Center in Pasay City on October 19 and 20.

Pag-IBIG Fund said the two-day event builds on the gains of the Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) Program, which offers higher housing loan limits, lower interest rates, and stronger partnerships with developers.

“President Marcos has given us a clear directive to provide every Filipino family the opportunity to own a quality and affordable home in a safe community. We are building on the gains of Expanded 4PH by strengthening partnerships with leading developers to increase housing supply, including ready-for-occupancy homes within cities,” said DHSUD Secretary and Pag-IBIG Fund Board Chairman Jose Ramon Aliling.

Under Expanded 4PH, Pag-IBIG Fund offers financing options across income levels.

Qualified members purchasing socialized housing may avail of a subsidized interest rate of 3%, while promotional rates of 4.5% and 5.75% make higher-priced homes more affordable for middle- and upper-middle-income members.

With housing loans of up to P10 million, more members can consider purchasing homes closer to employment centers.

The promotional rates are offered until December 31, 2026, according to Pag-IBIG Fund.

“Our approach is to make homeownership easier and more affordable at every step. Together with our fellow key shelter agencies and private-sector partners, we are bringing more housing choices, affordable financing and personalized assistance closer to Filipino workers and their families,” said Pag-IBIG Fund CEO Marilene Acosta.

Participating developers include Amaia Land, Avida Land, DMCI Homes, Filinvest Land, Megaworld Corporation, Robinsons Land, Rockwell Land, PH1 World Developers, Megawide, and SMDC.

The expo will also feature housing projects from partner developers offering properties through Pag-IBIG Fund financing.

Homebuyers can also expect special prices and buyer incentives, as well as discounts of up to 30% on Pag-IBIG acquired assets, the agency said.

Solar energy providers and home essentials retailers will also offer special packages and discounts to Pag-IBIG Loyalty Cardholders.

Visitors may seek on-site housing loan computations, financing guidance, and application assistance during the event.

Pag-IBIG Fund is also coordinating with employers to help their workers attend the expo.

The agency said interested homebuyers may register through the official National Housing Expo registration website and select their preferred schedule.

Registrants will receive a personal QR code and Loan Value Card to help them navigate developer booths and identify properties that match their needs and budgets, Pag-IBIG Fund said. —VBL, GMA News