DHSUD, Pag-IBIG visit Laguna project, hand keys to new condo owners under PBBMs Expanded 4PH - BusinessWorld Online
Officials from the Department of Human Settlements and Urban Development (DHSUD) and Pag-IBIG Fund conducted a site inspection and ceremonial turnover of housing units under President Ferdinand R.Marcos, Jr.’s Expanded Pambansang Pabahay para sa Pilipino Program (4PH) in Cabuyao, Laguna, on Thursday, May 21.
The activity highlighted the government’s continuing efforts to help more Filipino families gain access to decent and affordable housing.DHSUD Secretary Jose Ramon P.
Aliling and Pag-IBIG Fund Chief Executive Officer Marilene C.Acosta, together with other government officials and private sector representatives, inspected Pasinaya Heights, one of the pioneering condominium developments in South Luzon under the Expanded 4PH Program.
During the event, Mr.Aliling, who also chairs the Pag-IBIG Fund Board of Trustees, said the ceremonial turnover reflects the Marcos administration’s commitment to make homeownership more accessible to more Filipinos.
To date, nearly 300 Pag-IBIG Fund members have already purchased units in Pasinaya Heights through Pag-IBIG Fund’s affordable home financing program.“President Marcos has been clear in his directive: decent and affordable housing must be brought closer to Filipino families, especially workers who need government support the most.
Pasinaya Heights shows what can be achieved when government, Pag-IBIG Fund, and responsible private developers work together.Through the Expanded 4PH Program, we are turning the President’s housing directive into actual homes that Filipino workers can afford,” Mr.
Aliling said. The 2.5-hectare socialized condominium development consists of four seven-storey residential towers with more than 2,700 housing units.It also features amenities such as a swimming pool, covered basketball court, playground, day care center, health care center, and open spaces for residents.
Ms.Acosta said Pasinaya Heights shows how the Expanded 4PH Progr...