Manila: Filinvest Land Inc. (FLI) on Tuesday joined the growing list of the country's top real estate developers that support President Ferdinand R. Marcos Jr.'s flagship Expanded Pambansang Pabahay para sa Pilipino (4PH).
According to Philippines News Agency, this development follows FLI's signing of a memorandum of understanding (MOU) with Pag-IBIG Fund, aimed at offering qualified homebuyers wider housing options and access to special incentives on select residential units. The signing ceremony, held at the DHSUD Central Office, was witnessed by DHSUD Secretary Jose Ramon Aliling, who also chairs the Pag-IBIG Fund Board of Trustees. The agreement was signed by Pag-IBIG Fund CEO Marilene Acosta and FLI President Tristan Las Marias.
Under the agreement, qualified Pag-IBIG Fund members can avail of preferential financing rates, special discounts, home furniture packages, and other incentives on select FLI units, subject to applicable terms and program guidelines. Aliling welcomed FLI's participation, emphasizing that the involvement of more developers in the Expanded 4PH initiative helps to broaden the range of housing choices available to Filipino families.
The FLI agreement follows closely after similar commitments from other major developers. Just a week prior, SM Development Corp. (SMDC) signed an MOU with Pag-IBIG Fund in support of the Expanded 4PH. Additionally, last month saw Ayala Land Inc.'s residential brands, Amaia Land Corp. and Avida Land Corp., entering into agreements with Pag-IBIG Fund. Earlier in the year, Megawide Construction Corp. committed to providing at least 7,000 socialized housing units to the program, utilizing modern construction technologies to expedite housing delivery.
Through these collaborations, Pag-IBIG Fund continues to extend its housing financing options to more members seeking affordable homeownership opportunities, while developers contribute additional housing inventory under the government's flagship program. Joining Secretary Aliling during the ceremony were Senior Undersecretary Eduardo Robles Jr., Pag-IBIG Fund Deputy CEO Alex Aguilar, FLI Senior Vice President Mary Averose Valderrama, and other officials from DHSUD, Pag-IBIG Fund, and Filinvest Land Inc.
