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May 21, 2018

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PAG-IBIG FUND RECOGNIZES SOUTH LUZON’S TOP PARTNER-DEVELOPERS IN 2017

Posted on May 4, 2018 by Sunria Realty in News & Updates

Pag-IBIG Fund, led by its Chief Executive Officer (CEO) Acmad Rizaldy P. Moti (top row,
center), recognized its top ten partner-developers in South Luzon in terms of takeout loan value
and other top performers at the 2017 South Luzon Home Lending Accomplishment Report
(HOLAR) held in Alabang, Muntinlupa City recently.

Joining the CEO were (top row, left to right): Pag-IBIG Fund Vice President for Home Lending
Operations in Luzon Atty. Joseph P. Quiboloy, Trustee Crisostomo G. Gotladera, Deputy CEO for
Home Lending Operations Cluster Marilene C. Acosta, and Acting Senior Vice President for
Business Development Sector Benjamin R. Felix, Jr. and the representatives from the top 10
partner-developers (bottom row).

“In 2017, Pag-IBIG Fund posted record-breaking accomplishments in our housing programs. We
breached the P60-billion mark and released P65.1 billion worth of housing loan takeout to
finance 80,964 residential units. This includes P8.9 billion to finance 24,705 socialized housing
units, which comprised 30.5% of the total units. These, along with our reduced interest rates of as
low as 3%, are Pag-IBIG Fund’s way of supporting President Rodrigo Roa Duterte’s directive to
shelter our fellow Filipinos, especially the low-income and minimum-wage earners; and also the
BALAI Filipino (Building Adequate, Livable, and Affordable Filipino Communities) program led
by Secretary Eduardo D. del Rosario, Chairperson of the Housing and Urban Development
Coordinating Council (HUDCC) and Pag-IBIG Fund Board of Trustees,” said Mr. Moti.

Pag-IBIG Fund holds the bi-annual HOLAR to keep its operations transparent by reporting
its home loan accomplishments. Deputy CEO Acosta highlighted, “Pag-IBIG South Luzon’s
housing loan takeout of P9.44 billion grew by 35% from its 2016 figures and comprised 14.5% of
the corporate total of P65.1 billion. The amount financed 12,129 housing units. The region
released P1.49 billion worth of socialized housing, or loans up to P450,000, to finance 3,757
units.”

The event is also to recognize top-performing developers in the country. “Through this event, we
hope to make our partnership in the delivery of decent and affordable housing even
stronger,” said Vice President Quiboloy.

Readmore . . . http://www.pagibigfund.gov.ph

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