Pag-IBIG socialized housing loans jump 175%, 20,000 homes offered in Davao

Pag-IBIG Fund more than doubled its financing for socialized housing in the first 10 months of 2026, extending homeownership opportunities to low-income families as it brings more than 20,000 housing units to a two-day fair in 4PHDavao City.

The agency financed 12,969 socialized housing units worth P14.40 billion from January to October, up 175 percent from a year earlier, under the government’s Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) Program.

These accounted for part of the 78,410 homes financed nationwide, worth a combined P127.44 billion. Overall housing units financed rose 15 percent year-on-year.

The Nov. 12 to 13 Mindanao Housing Fair at the SMX Convention Center in Davao City brings together more than 45 developers offering over 20,000 housing units, with special prices and affordable financing options.

Pag-IBIG Chief Executive Officer Marilene Acosta encouraged members to explore discounted acquired properties and promotional loan rates available until yearend.

Qualified buyers of socialized housing under Expanded 4PH can access a subsidized annual interest rate of 3 percent, while promotional rates of 4.5 percent and 5.75 percent are available for housing loans of up to P10 million, she said.

Pag-IBIG personnel will also assist prospective borrowers with financing inquiries and help them identify homes suited to their budgets.

Housing Secretary and Pag-IBIG chairman Jose Ramon Aliling said the Davao fair follows similar events in Metro Manila and the Visayas in October.

“This is a national housing program, and we want Filipino families, wherever they may live, to have a real opportunity to own a home,” Aliling said.

He thanked participating developers for bringing more housing choices closer to Filipino families.

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