None
EN
Pag-IBIG partnership with P.A. Alvarez to accelerate delivery of over 7,300 affordable homes under Expanded 4PH
['Erika Mioten']
BusinessWorld Online
Pag-IBIG Fund has entered into an investment partnership with P.A.
Alvarez Properties and Development Corp. (PAAPDC) to accelerate the construction of more than 7,300 affordable homes across 10 housing developments in Batangas, Laguna and Pampanga under President Ferdinand R. Marcos, Jr.’s Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) Program.
“As we continue to heed the directives of President Ferdinand R. Marcos, Jr., we are strengthening our partnerships with the private sector to accelerate the delivery of affordable homes for Filipino families.
To finance the construction of the housing developments, Pag-IBIG Fund will subscribe to preferred shares to be issued by PAAPDC amounting to P2.9 billion, payable in tranches.
In the first half of 2026, Pag-IBIG Fund released P69.19 billion in housing loans to help 43,051 Filipino workers acquire their own homes.