Pag-IBIG’s P12-B fund to NHA seen as boost to govt housing program
MANILA, Philippines: The Department of Human Settlement and Urban Development (DHSUD) lauded the support of the Home Development Mutual Fund (HDMF) or Pag-IBIG Fund for the “Pambansang Pabahay para sa Pilipino” (4PH) program following its allocation of a P12-billion credit line for the National Housing Authority (NHA).”This positive response by Pag-IBIG Fund for the National Housing Authority will further bolster the positive momentum of President Ferdinand Marcos Jr.’s 4PH program now being rolled out nationwide,” DHSUD Secretary Jose Rizalino Acuzar said on Friday.The latest fund allocation will initially finance the construction of medium and high-rise condominiums consisting of 4,100 units in Quezon City…
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