Pag-IBIG has P1.5-B for Housing in CAR, P’sinan

Aside from the support of the Development Bank of the Philippines, Social Security System, Government Service Insurance System and Land Bank of the Philippines, the Home Development Mutual Fund (Pag-IBIG Fund) allocated PHP1.5 billion for the housing program in the Ilocos Region and Cordillera Administrative Region (CAR) for this year until 2028.

Pangasinan Governor Ramon Guico, III (2nd from right) and Department of Human Settlements and Urban Development Secretary Jose Rizalino Acuzar sign a Memorandum of Understanding this year to commence the partnership under the flagship project of President Marcos’ Pambansang Pabahay para sa Pilipino Housing (4PH) Program.

This massive cooperation of government bodies and corporations is part of the collaboration to solve the 6.5 million housing needs of the country under the administration of the President Ferdinand Marcos, Jr.

 Pag-IBIG Housing Division Chief Ferdinand Jacildone said the PHP1.5 billion is equivalent to 1,100 housing units that can be availed of by the members in the different housing programs being offered by the agency.

“They (members) may avail through the local government units or contractors,” he said.

Pag-IBIG Ilocos Region housing business center chief Meriam Pamittan added that only members can avail of the housing programs and it will only take 17 days to process if requirements are complete and are without any problems.

The program also gained the support of the country’s private developers' groups' Subdivision and Housing Developers Association Inc., the National Real Estate Association Inc., and the Organization of Socialized and Economic Housing Developers of the Philippines

Meanwhile, Pangasinan Governor Ramon Guico, III and Department of Human Settlements and Urban Development Secretary Jose Rizalino Acuzar sign a Memorandum of Understanding early this year to commence partnership under the flagship project of President Marcos’ Pambansang Pabahay para sa Pilipino Housing (4PH) Program.

Governor Guico expressed his gratitude to Secretary Acuzar – a self-made Housing Czar - for ensuring the harmonization of housing strategies among local government units to help them provide decent yet affordable shelters for their constituents, adding that the 4PHs Program will finally address the 160,000 housing backlog in Pangasinan.

Secretary Acuzar likewise thanked the governor for bringing the flagship housing program to his province and vowed the Department’s all-out support to ensure that every Pangasinense will have a house of their own.

According to a source, some of these houses are already being constructed in Mangaldan town and San Carlos City of the huge province.