Pag-IBIG, Filinvest team up on Expanded 4PH housing

Pag-IBIG Fund and Filinvest Land Inc. have signed an agreement offering qualified members additional housing options and incentives under the government's Expanded Pambansang Pabahay para sa Pilipino Program.

The memorandum of understanding was signed Tuesday by Pag-IBIG Fund CEO Marilene Acosta and FLI President Tristan Las Marias, with Department of Human Settlements and Urban Development Secretary Jose Ramon Aliling witnessing the ceremony.

Under the agreement, qualified Pag-IBIG members may access preferential financing rates, discounts, furniture packages and other incentives on select Filinvest residential units, subject to program guidelines.

Filinvest joins other major developers participating in the Expanded 4PH program.

SM Development Corp. signed a similar agreement with Pag-IBIG last week, while Ayala Land residential brands Amaia Land Corp. and Avida Land Corp. joined the program in August.

Megawide Construction Corp. earlier committed at least 7,000 socialized housing units to the program.

The partnerships seek to expand the housing inventory available to Pag-IBIG members and provide more financing options for homebuyers under Expanded 4PH.