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The company's low-cost housing units and lots were made more affordable through the government's Home Development Mutual Fund (HDMF, also known as Pag-IBIG Fund) housing loan program. [2] [3] Globe Asiatique's first residential housing project was the Santa Barbara Villas I subdivision in San Mateo, Rizal launched in 1994.
In December 2023, Pag-IBIG approved ₱12 billion credit line for the National Housing Authority, which will finance the development of 9,110 housing units nationwide (4,111 units in Quezon City, 1,377 in Valenzuela, 944 in Zamboanga City, and 535 in San Juan). [6] The 4PH Program is envisioned to create smart cities nationwide. [7]
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG Fund (acronym of its Filipino name: Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno [a]), is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable ...
Republic Act No. 11201 signed by President Rodrigo Duterte on February 14, 2019. The law creating the Department of Human Settlements and Urban Development (DHSUD), Republic Act No. 11201, was signed into law by President Rodrigo Duterte on February 14, 2019, with the signing announced to the public by the government on February 19, 2019.
As of 2015, there are 1,710 barangays in Metro Manila. [2] [3] These original four cities of Metro Manila (Manila, Quezon City, Caloocan, Pasay) comprise 83% (1,428 of 1,710) of all these. The high number is attributed to these areas having more people and higher density when the barangay system was initiated (note that Caloocan North is ...
In 2008, the Pag-IBIG Fund was awarded the United Nations Scroll of Honour for its outstanding and innovative housing programs, a first for any Philippine government agency. That same year, the Fund was given an AAA corporate rating, a distinction given to a government corporation for the first time.
Vertis North is a mixed-use development in Quezon City, Metro Manila, Philippines. It is a joint venture project between Ayala Land Inc. (ALI) and the National Housing Authority (NHA). Like the Makati Central Business District , it has a mix of residential developments (similar to Legazpi and Salcedo Villages) and open spaces (like Ayala ...
Veterans Village, (PSGC: 137404130) more commonly known as Project 7 and Muñoz, is a barangay located in Quezon City with an approximate land area of 51.941 hectares (128.35 acres) bounded by Barangay San Antonio in the Southwest, Fernando Poe Jr. Avenue (formerly Roosevelt Avenue) in the West, Barangay Bungad in the Southeast and EDSA in the North.