Pag-IBIG Fund reports 1st semester housing accomplishments

PAG-IBIG Fund gathered its partnerdevelopers and housing stakeholders based in South Luzon for its Home Lending Accomplishment Report September 2017 in Muntinlupa City.

Housing and Urban Development Coordinating Council (HUDCC) Chairperson Eduardo del Rosario expressed support for the event, saying, “President Rodrigo Roa Duterte was clear in his campaign against corruption in the government. So, when he appointed was to form an audit team that will monitor the performance of our shelter agencies. Pag-IBIG is in the right step to conduct forums such as this to practice transparency.”

Acmad Rizaldy Moti added, “This is good governance, that we involve our stakeholders and apprise them of the updates or development on Pag-IBIG’s housing programs. It keeps us accountable of our actions, while giving our members the assurance that the funds that they have entrusted to us are managed well.”

Pag-IBIG recorded a total loan value take-out amounting to P28.83 billion, topping the P24.74 billion loan value take- out during the 17 percent year-on-year growth. PagIBIG South Luzon showed 34 percent year-on-year growth from last year’s P2.96 billion, as it disbursed a P3.96 billion loan value takeout in - ted 5,069 Filipino worker families.