[ CIRCULAR NO. 410, September 20, 2018 ]
ADJUSTMENT ON THE SOCIALIZED HOUSING LOAN CEILING
Adopted: 14 September 2018
Pursuant to the HUDCC Resolution Nos. 1 and 2, Series of 2018, the following Adjustment on the Socialized Housing Loan Ceiling are hereby issued
1. For Socialized Subdivision Projects
a) PhP 480,000.00 = 22 sq.m. with loft of at least 50% of the base structure, or 24 sq.m.;2. For Socialized Condominium Projects
b) PhP 530,000.00 = 24 sq.m. with loft of at least 50% of the base structure, or 28 sq.m.; and
c) PhP 580,000.00 = 28 sq.m. with loft of at least 50% of the base structure, or 32 sq.m.
2.1 For the National Capital Region, San Jose del Monte City in Bulacan Province; Cainta and Antipolo City in Rizal Province; San Pedro City in Laguna; Carmona and the Cities of Imus and Bacoor in Cavite Province:
a) PhP 700,000.00 = 22 sq.m.; and2.2 For others areas:
b) PhP 750,000.00 = 24 sq.m.
c) PhP 600,000.00 = 22 sq.m.; andAll other terms and conditions in the prevailing Pag-IBIG Fund housing loan programs that are consistent with the foregoing provisions shall continue to be in full force and effect.
d) PhP 650,000.00 = 24 sq.m.
This Circular takes effect after fifteen (15) calendar days following the completion of its publication in the Official Gazette or in a newspaper of general circulation.
Chief Executive Officer