The state-owned Pag-IBIG Fund aims to finance 751,494 housing units for low-income families by June 2028 under the Marcos administration’s Pambansang Pabahay Para sa Pilipino Housing (4PH) program.

Pag-IBIG Fund chief executive officer Marilene Acosta on Monday said the new target for housing units is 46.12 percent higher than the level in the previous administration.

The government agency committed a total of P250 billion to property developers, contractors, and local government units to accelerate the goal of the 4PH Program, which aims to provide decent homes to all Filipinos.

“Dignified housing units are not privileges; they are rights every Filipino should have access to,” Acosta said.

“We invest in the hopes, dreams, and futures of Filipino workers,” she added.

As of May 2025, Pag-IBIG Fund approved P32.76 billion in 4PH loans, of which P4.06 billion had already been released for building house projects.

Mobile home purchases

Pag-IBIG introduced the 4PH Online Sign Up for smartphones, which allows home buyers to explore 10 housing projects located in various areas in the country.

With sustained growth in savings and incomes, Acosta said the government agency continues to distribute loans to members and corporate and institutional partners without relying on another lender.

“Affordable housing loans are made possible through strong savings collection, consistent contributions from members, and sound management of loan portfolio,” she said.

Pag-IBIG Fund requires borrowers of regular home loans an interest rate of 5.75 percent per annum under a one-year fixed term, while socialized housing loans require 3 percent per annum.

Acosta targets members’ total savings to climb to P170 billion or higher.

Meanwhile, Pag-IBIG Fund Deputy Chief Executive Officer Alexander Hilario Aguilar said the government agency aims to increase funds for home lending to 85 percent of its investible funds from the current 79 percent.

Members’ total savings reached P40.41 billion in the first quarter of this year, higher by 41 percent compared to the P28.76 billion recorded in the same quarter of 2024. Specifically, MP2 savings grew by 37 percent to P21.39 billion from P15.57 billion.

Acosta targets total savings to climb to P170 billion or higher.

Meanwhile, Pag-IBIG Fund Deputy Chief Executive Officer Alexander Hilario Aguilar said the government agency aims to increase funds for home lending to 85 percent of its investible funds from the current 79 percent.

For the first quarter, housing loan takeout grew by 4 percent to P29.23 from 28.09 billion last year.

With a high loan income backed by 95 percent performing loans, Acosta said dividends to MP2 savers stood at 7.1 percent last year.

Given the robust figures, Acosta continues to stand firm against proposals of an initial public offering by Pag-IBIG Fund.

“Why should we undertake an IPO? Pag-IBIG Fund strives to deliver efficient products and services for the benefit of most Filipinos,” she said.

This is an opportunity for them to save and gain shares of profits from Pag-IBIG Fund, not for big investors,” Acosta added.