Philippine Information Agency NCR

Pag-IBIG ventures more partnerships with employers nationwide

MANILA, Jul. 20 (PIA)  - The Home Development Mutual Fund (HDMF), also known as Pag-IBIG Fund is actively engaging employers nationwide for partnership prospects that will make home ownership more accessible to employees, especially in the private sector.

Forging partnerships with employers will open opportunities to the employees in both the private and public sectors to acquire decent and affordable homes for their families through the Pag-IBIG Fund, its chief executive officer (CEO) and president Darlene Marie Berberabe said.

“We encourage the employers to partner with Pag-IBIG Fund so we can map out a housing plan tailored-fit for the employers capacity and the employees housing needs,” Berberabe said, adding that bringing affordable and decent shelter to employees would be easier if a strong partnership binds together the stakeholders of the housing sector.

Pag-IBIG led projects should be particularly interesting to both employers and employees since these projects provide access to decent housing to Pag-IBIG members, particularly in the underserved areas and sectors, as well as add housing inventories for members in the economic zones.

“We now have seven Pag-IBIG led projects, which is expected to generate more than 2,000 housing units, and we are looking at another seven potential projects,” Berberabe said.

The seven confirmed projects are located in Quezon City, Metro Manila; Cainta, Rizal; Bacoor, Cavite; Calamba, Laguna, Miag-ao, Iloilo, and Naga and Lapu-Lapu cities in Cebu, with unit prices ranging from P450 thousand to P2 million. (HDMF). (HDMF/RJB/KCDA/PIA-NCR)

See more at: http://news.pia.gov.ph/article/view/2981437360211/pag-ibig-ventures-more-partnerships-with-employers-nationwide#sthash.TGdylaqz.dpuf

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