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LEGAZPI CITY - Agrarian reform farmer-beneficiaries of Albay will soon own new housing units through the Department of Agrarian Reform (DAR) program Building Adequate, Livable, Affordable and Inclusive Filipino Communities (BALAI). In an interview on Friday, Gerard Buensalida, DAR-5 spokesperson, said at least 200 farmer-beneficiaries will be given bungalow-type houses to be built on a 2.6-hectare property in Barangay Upper Binogsacan in Guinobatan town. "The beneficiaries are ARBs who are members of the Albay Dairy Farmers Multi-Purpose Cooperative in Guinobatan, Albay. The project recip...

Pag-IBIG Fund has financed 5,411 socialized homes for minimum-wage and low-income members in the first four months of 2022.

Pag-IBIG Fund has financed 5,411 socialized homes for minimum-wage and low-income members in the first four months of 2022, its top executives said Wednesday (May 18).

MANILA - State-run Home Development Mutual Fund (Pag-IBIG Fund) has financed a total of 5,411 socialized homes for its minimum-wage and low-income members within the first four months of this year. Data released Wednesday showed that socialized home loans make up 18 percent of the 29,310 units financed by Pag-IBIG from January to April 2022. In terms of amount, socialized home loans represent 7 percent or PHP2.35 billion out of the record-high PHP31.97 billion of home loans released by the agency in the same period. Department of Human Settlements and Urban Development (DHSUD) Secretary Eduard...

STATE-run Home Development Mutual (Pag-IBIG) Fund released P2.35 billion in loans in the first four months of the year to finance over 5,400 socialized homes for low-wage earners. According to a statement it issued last Wednesday, Pag-IBIG Fund said these 5,411 socialized homes make up 18 percent of the total…