PAG-IBIG RELEASES P101.5-M FOR PBBM’S PAMBANSANG PABAHAY PROJECT

PAG-IBIG Fund  recently disbursed another P101.5 million worth of developmental loan – its fourth release – for President Ferdinand R. Marcos Jr.’s flagship Pambansang Pabahay para sa Pilipino (4PH) Program.

The fund will be used to finance the ongoing development and construction of the Bocaue Bulacan Manor (BBM) Housing Project in Bgy. Batia for Bocaue residents and government employees.

Situated on a sprawling 14-hectare site, the project will have five multi-level condominium buildings, each with 14 floors.

A total of 1,888 families are expected to benefit from the initiative, addressing the need for decent and affordable housing in the area.

“This release is yet another welcome support that will certainly fire up the implementation of ‘Pambansang Pabahay’ as we bring the plans into actual development. It is an assurance that we can sustain the construction under the pro-poor 4PH,” Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Rizalino Acuzar said.

He thanked the Pag-IBIG Fund for its continued support to 4PH, which was conceptualized to help uplift the poor through decent yet affordable housing.