The Home Development Mutual Fund (HDMF) or the Pag-IBIG Fund launched a scheme that housing projects to OFWs.
Pag-IBIG Fund senior vice president for Provident Fund Operations Ophelia Dela Cerna said the program is covered under the Pag-IBIG Home Matching Program (PHMP) for Overseas Filipino Workers.
She said the Fund under its Pag-IBIG Overseas Program (POP) has some 312,000 OFWs members spread out in the different parts of the globe even as she admitted that they had difficulty of matching the needs of OFWs with existing developers.
The program is open to both land-based/sea-based OFWs and Filipino immigrants and those naturalized in other countries where Pag-IBIG Fund shall invite developers with exiting Funding Commitment Agreement (FCA) to participate under the PHMP.
In order for the OFWs to regular check on housing projects, Dela Cera said a PHMP website has been designed for easy access at www.pagibigfund.gov.ph/hmp. (PIA)