| Pag IBIG Fund based in the Philippines is nominated for making the dream of affordable housing a reality for hundreds of thousands of households. The fund was set up in 1979 and sustained for 27 years. It offers a rich variety of housing solutions with special attention for investments of Filipino migrants working overseas. By its very name, which stands for “Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya, at Gobyerno”, Pag-IBIG Fund works towards making a reality the vision of a home for every Filipino family. Created on June 11, 1978, the Home Development Mutual Fund (HDMF) has a two-pronged mandate: generation of savings and provision of shelter for the Filipino workers.
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