Employees of the local government unit (LGU) of Tanauan City in Batangas can look forward to a more efficient and convenient means to avail of the Pag-IBIG housing loan programs, as the Tanauan LGU recently entered into a Memorandum of Agreement (MOA) with Pag-IBIG Fund under the Fund's Employer Accreditation Program (EAP).
The agreement was signed on March 7, 2016 at the Speaker Belmonte Gymnasium in Tanauan City by Pag-IBIG Fund Vice President for Home Lending Operations Luzon Group Engr. Chito L. Enciso and Tanauan City Mayor Antonio C. Halili.
The EAP aims to provide employees with easier access to Pag-IBIG housing loan programs that are within their affordability level and preferences.
Part of the MOA is the Collection Servicing Agreement wherein the employees' monthly obligations will be paid through salary deduction.
"Automatic salary deduction of your Pag-IBIG payments will translate to ease and convenience on your part, since you no longer have to go to payment centers to fulfil your monthly obligations. And we appreciate Mayor Halili's commitment to remit your payments on time," Engr. Enciso told the employees.
The LGU employees of Tanauan immediately experienced the beneficial effects of the agreement when the city government and Pag-IBIG jointly conducted a housing fair complemented by a housing loan orientation for the LGU employees, right after the MOA signing. Employees of other government agencies like the Philippine National Police and the Department of Education were also invited to the Housing Fair.
Eleven accredited developers of the Fund with housing projects within Tanauan City and neighboring municipalities participated in the Fair. Pag-IBIG also offered its acquired properties for sale. Some employees who expressed interest in the properties offered for sale paid their reservations right away, while several others requested site trips.
Mayor Halili thanked Pag-IBIG Fund for the partnership and expressed the support of the city government to the Fund's programs. "The LGU has long been thinking of a housing project for the employees. Through this partnership, we can further explore to attain this goal," he said.
The city government of Tanauan has been a valuable and generous partner of the Fund, providing a space for Pag-IBIG at the city's covered court and enabling the Fund to accommodate inquiries and other concerns of the Tanaueños, such as the submission of applications on availment of Pag-IBIG’s provident and housing programs. (D5/Faye)