Pag-IBIG Fund released P77.33B in home loans for August 2024

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Pag-IBIG Fund released P77.33B in home loans for August 2024
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Pag-IBIG Fund disbursed P77.33 billion in home loans from January to August this year, reflecting an increase of P383 million compared to the P76.94 billion released during the same period last year.

“The continued growth of Pag-IBIG Fund’s home loan releases means that more Filipino workers were able to fulfill their dreams of homeownership. This is a step consistent with the government’s efforts to resolve the housing backlog and provide a better quality of life for Filipinos,” said Secretary Jose Rizalino L. Acuzar, who heads the Department of Human Settlements and Urban Development and the 11-member Pag-IBIG Fund Board of Trustees.

Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta attributed the Fund’s continuous growth to the sustained affordability and reliability of the agency’s housing loan programs for its members.

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