HOUSE TALKS. Pineda and Eje.
CITY OF SAN FERNANDO — Two-birds with one shot: The disposal of acquired solid assets to the most in need, with the greatest of ease in their availment. This aptly summarized the shared goal of Pag-IBIG or the Home Development Mutual Fund and the provincial government of Pampanga during exploratory talks Monday at the Capitol here.
“We have to help the government recover from its investments,” said Gov. Lilia G. Pineda in reference to Pag- IBIG’s reacquisition of housing units from delinquent buyers. “At the same time, we can help our workers have their own houses, and those in flood-prone areas get their own too in a safe environment.”
Juanito Eje, task force head of the Pag- IBIG business development sector, disclosed that the agency has some 10,000 housing units in Pampanga as acquired assets. These included those in Globe Asiatique’s Xevera subdivisions in Bacolor and Mabalacat City, and Fortuneville in the City of San Fernando as well housing development areas in Lubao and Magalang.
Atty. Joseph Quiboloy, department manager III of the loans orientation department of Pag-IBIG office in Pampanga, disclosed that there are 9,957 housing units in two Xevera subdivisions. He added that “as of today, 2,468 units already belonged to Pag-IBIG.”
Quiboloy said 323 units at Xevera-Bacolor belonged to the housing agency, while the rest are in Mabalacat City.
Pineda said the acquired assets can be “mobilized to profi tability” by Pag-IBIG “to even serve the noble purpose of providing housing to those in need, to those who have the right and the ability to pay.”
Aside from Capitol employees, Pineda said, the acquired assets can be offered to policemen and firemen, teachers, national government workers, and those in flood-prone areas wanting to transfer residences.
The governor who has had the same talks with the National Housing Authority, the Government Service Insurance System and the Social Security System, however asked for “easy payment terms, to attract more buyers.” This, as she offered Pag-IBIG “bulk-buying” of its acquired assets.
Eje said Pag-IBIG offers 40 percent for bulk sale, 30 percent for retail in cash and 20 percent for retail in loans.
Pineda said the provincial government can set up an office solely tasked to coordinate transaction with Pag-IBIG to facilitate sales, documentation and even collection of amortization.
Pursuant to the governor’s vision, Board Member Cris Garbo, chairman of the housing committee, said the sangguniang panlalawigan is set to enact an ordinance formalizing the tie-up between the provincial government and Pag-IBIG.
Eje said Pag-IBIG welcomed the planned partnership with the Pampanga provincial government as an “ deal set-up.” “We can verify well the beneficiaries and determine those who are really qualifi ed to avail (themselves) of housing,” he said
