PAG-IBIG Fund offered more than 20,000 housing units from over 45 developers as the Mindanao Housing Fair 2026 officially opened on Thursday, Nov. 12, at the SMX Convention Center here.
Marilene C. Acosta, Pag-IBIG Fund chief executive officer, said in her speech that the fair aims to help Filipino workers and their families find homes that fit their needs and budgets.
Pag-IBIG promotes affordable financing and special offers under the government’s Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) Program.
Acosta urged its members in Mindanao to avail of the offers, which include discounted Pag-IBIG Fund Acquired Assets and promotional housing loan rates available only until the end of the year.
Acosta said qualified socialized housing buyers under Expanded 4PH can get a subsidized interest rate of 3 percent.
Promotional rates of 4.5 percent and 5.75 percent per annum are also offered for housing loans of up to ₱10 million.
“Pagka socialize housing, ibig sabihin nagkaroon ng pagkakataon ang mga low-income earners na magkaroon ng sariling bahay. At Pag-IBIG Fund, we continue to support this progress through affordable housing financing,” Acosta said.
Secretary Jose Ramon P. Aliling of the Department of Human Settlements and Urban Development (DHSUD) said the Davao Fair follows similar events held 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.
Fermin A. Sta. Teresa Jr., Pag-IBIG Fund senior marketing and product development sector head, said the fair also extends financing assistance to homeowners.
Teresa Jr. said those who already own homes can also apply for additional loans for improvements, including green upgrades such as solar panel installation.
He added that members who own a lot but no house can get financing for construction.
“Our commitment is to continue to support all the housing needs of our members to make home ownership affordable,” the official said.
From January to October 2026, the Pag-IBIG Fund financed 78,410 homes worth ₱127.44 billion, a 15 percent increase in the number of homes financed from the same period last year.
Of the total, 12,969 were socialized housing units worth ₱14.40 billion, benefiting minimum wage and low-income earners.
The number of socialized housing units financed rose 175 percent year-on-year, according to the Pag-IBIG Fund report.
