PAG-IBIG Fund signed a deal with Ateneo de Davao University and Realty Investments, Inc. last week for a housing project involving employees of the university.
The project seeks to provide 135 duplex type units with a floor area of 24 square meters and a lot area of 48 sq.m. for P480,000. The properties have an appraised value of P644,090.
Members will also enjoy a low interest rate of 3% that Pag-IBIG Fund provides gives to minimum wage earners, Marilene C. Acosta, deputy chief executive officer of the Home Lending Operations cluster of Pag-IBIG Fund, said.
Employees got notices of approval last week. — Maya M. Padillo