The Department of Human Settlements and Urban Development (DHSUD) and Pag-IBIG Fund inspected housing projects and turned over house-and-lot units in Tarlac on Wednesday, July 8, marking further progress under President Ferdinand R. Marcos Jr.’s Expanded Pambansang Pabahay para sa Pilipino Program (Expanded 4PH) as it continues to help more Filipino families become homeowners.
DHSUD Secretary Jose Ramon P. Aliling and Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta, together with other officials, led the inspection of Kaia Homes and Brentwood Residences, both house-and-lot projects in Tarlac.
“The Expanded 4PH Program is delivering on President Marcos’ directive to give every Filipino family a real opportunity to own a home. The completed housing units we saw today in Tarlac, including homes ready for occupancy, show that the program is not just a promise on paper. These are actual homes being built and turned over to Filipino families,” Aliling said.
“Through stronger collaboration between the public and private sectors, we are moving more Filipinos from aspiration to actual homeownership, and Tarlac is the latest proof of that progress,” he added.
At Brentwood Residences, officials also led a turnover activity for Pag-IBIG housing loan borrowers who purchased homes in the project. The activity follows a string of recent Expanded 4PH inspections and turnovers in Batangas, Pampanga, Nueva Ecija, Laguna, Bacolod and other areas, underscoring the steady nationwide rollout of the administration’s housing program.
Brentwood Residences, developed by Apec Homes, is a 7.4-hectare residential project offering 1,022 townhouse units priced from ₱850,000 to ₱1.2 million, while Kaia Homes, developed by Citihomes Builder and Development Inc., is a 47.8-hectare development with 7,066 townhouse units priced from ₱999,000 to ₱1.16 million. Together, the two projects have a total of 8,088 housing units. Eligible socialized housing units in both developments qualify for Pag-IBIG Fund’s housing loan with a subsidized 3 percent rate under Expanded 4PH, helping keep monthly payments more affordable for qualified borrowers.
Acosta said Pag-IBIG Fund’s financing programs work hand in hand with the government’s housing efforts to keep homeownership within reach of ordinary Filipino workers.
“Secretary Aliling and DHSUD are making sure that more quality housing options reach Filipino families under the Expanded 4PH Program. Pag-IBIG Fund’s role is to help our qualified members afford these homes through low interest rates and manageable monthly payments that fit an ordinary worker’s budget,” Acosta said.
“We also encourage our borrowers to keep their housing loan payments up to date. By paying their housing loans regularly and on time, our borrowers not only keep their accounts in good standing, but also help Pag-IBIG Fund sustain its housing programs and continue offering affordable financing to more Filipino workers and families who aspire to own a home,” she added.
DHSUD and Pag-IBIG Fund said they will continue inspecting housing projects and leading turnover activities in other provinces as more Expanded 4PH developments move forward and more completed homes are made available to Filipino families under the Marcos administration. (END)
