THE Home Development Mutual Fund (HDMF) or Pag-IBIG Fund has revealed its year-on-year growth in its net income for the first quarter of 2026, growing by 11 percent or P1.7 billion to reach P16.772 billion compared to the same period last year.
Pag-IBIG Fund CEO Marilene Acosta said in a statement that the growth has further strengthened its capacity to protect members’ savings, provide affordable home financing, and support more Filipino workers in their journey toward homeownership.
“The agency’s strong asset base and fiscal standing allow it to continue providing members with competitive savings returns and affordable home financing,” she said.
Housing Secretary Jose Ramon Aliling and Acosta attributed the growth to strong collections and steady earnings from Pag-IBIG’s housing loan, short-term loan and investment portfolios.
Higher investment returns have also contributed to the income growth, the top officials said. HDMF’s income from investments rose 51 percent to P3.033 billion, from P2.013 billion in the same period last year.
Aliling, who chairs Pag-IBIG’s board of trustees, said the agency’s strong fiscal position enables it to serve as the primary source of financing for the expanded Pambansang Pabahay Para sa Pilipino’ (4PH) program of President Ferdinand Marcos Jr.
“This performance shows that Pag-IBIG Fund remains strong, stable, and ready to support President Marcos’ directive to open more opportunities for Filipino families to own decent and affordable homes,” the housing czar said.
“As the key financing arm of the expanded 4PH, Pag-IBIG Fund plays a vital role in turning the national housing agenda into real homes for our workers. We shall continue to manage our members’ funds prudently, so that more Filipino families may benefit from housing finance that is affordable, accessible, and sustainable,” he said.
Acosta said Pag-IBIG’s total assets stood at P1.276 trillion as of March 2026, reflecting a 3-percent or P41.735 billion increase from P1.234 trillion recorded at year-end 2025.
Saying Pag-IBIG’s performance directly benefits its members, the top agency official said it returns at least 70 percent of its annual net income to members in the form of dividends, which are credited to their savings every year.
“Pag-IBIG Fund is owned by its members, the Filipino workers. That is why we remain committed to growing and protecting their savings while ensuring that they have access to affordable home financing,” Acosta said.
Acosta emphasized that its strong fiscal standing allows the agency to sustain its subsidized housing loan rates under 4PH, including the 3-percent rate for qualified socialized housing borrowers.
“This is how we help make homeownership more affordable for more Filipino workers, while keeping Pag-IBIG Fund financially sound and sustainable for the long term,” she added.
