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Pag-IBIG releases record P1-B housing loans in 2021

MANILA - The Home Development Mutual Fund (Pag-IBIG Fund) last year financed PHP100.8 billion worth of housing loans, the highest ever released by the agency in a year despite the continuing Covid-19 pandemic. Department of Human Settlements and Urban Development (DHSUD) Secretary Eduardo del Rosario, who also heads the 10-member Pag-IBIG Fund Board of Trustees, said the in-home loan disbursements contributed to the economic recovery efforts of the government. "While the country is still facing challenges caused by the pandemic, I am happy to report that Pag-IBIG released more than PHP100 billion in home loans in 2021, surpassing its best-ever figure which it achieved in 2019, before the health crisis started," del Rosario said in a statement on Friday. Data released by Pag-IBIG Fund showed it released PHP97.28 billion worth of home loans, with interim releases for loans for house construction and renovation amounting to PHP3.5 billion. The amount disbursed in 2021 significan ....

Lingkod Pag , Department Of Human Settlements , Home Development Mutual Fund Pag , Fund Board Of Trustees , Home Development Mutual Fund , Human Settlements , Urban Development , Secretary Eduardo Del Rosario , Chief Executive Officer , Acmad Rizaldy Moti , Manila The Home Development Mutual Fund Pag Ibig Last Year Financed Php100 8 Billion Worth Of Housing Loans , He Highest Ever Released By The Agency Ina Year Despite Continuing Covid 19 Pandemic Department Of Human Settlements And Urban Development Dhsud Secretary Eduardo Del Rosario , Ho Also Heads The 10 Member Pag Ibig Fund Board Of Trustees , Aid The In Home Loan Disbursements Contributed To Economic Recovery Efforts Of Government Quot While Country Is Still Facing Challenges Caused By Pandemic , I Am Happy To Report That Pag Ibig Released More Than Php100 Billion In Home Loans 2021 , Urpassing Its Best Ever Figure Which It Achieved In 2019 , Efore The Health Crisis Started , Uot Del Rosario Said Ina Statement On Friday Data Released By Pag Ibig Fund Showed It Php97 28 Billion Worth Of Home Loans , Ith Interim Releases For Loans House Construction And Renovation Amounting To Php3 5 Billion The Amount Disbursed In 2021 Significantly Grew 58 Percent Compared Php63 75 2020 Agency 39s Previous Record High Of Php86 74 Released 2019 Was Also Surpassed By 16 Following Year Quot This Is Very Good News Our Members Because Bigger Mean That More Filipino Workers Have Become Homeowners Even During Pandemic , Uot Del Rosario Said Pag Ibig Fund Chief Executive Officer , Acmad Rizaldy Moti , Lso Noted That The Amount Released Last Year Financed Acquisition Ofa Record High 94 , 533 Housing Units For Its Members , N Increase Of 48 Percent Compared To The 63 , 750 Housing Units Financed In 2020 Quot We Previously Thought That Releasing Php100 Billion Home Loans One Year Was Impossible Yet , Ven When Our Home Loan Releases Were At Php57 Billion In 2016 ,