IN LINE with the government’s efforts to make quality home ownership affordable and alleviate the country’s ever-growing housing backlog, a series of actual deliveries of housing units kicked off in the Southern Luzon Region yesterday.
More than 20 Filipino families officially received the keys to their new homes as P.A. Alvarez Properties and Development Corporation (P.A. Properties), in partnership with the Department of Human Settlements and Urban Development (DHSUD) and Pag-IBIG Fund, conducted a housing unit turnover ceremony and project inspection at Nuvista Homes Lipa under the Expanded Pambansang Pabahay para sa Pilipino (4PH) Program.
The event was led by DHSUD Secretary Jose Ramon P. Aliling, Pag-IBIG Fund Chief Executive Officer Marilene B. Acosta, P.A. Properties Chairman of the Board Romarico T. Alvarez, and P.A. Properties President and CEO Atty. Marianne Reyna Lina-Cruz.
The ceremony highlighted the continuing collaboration between the government and private sector to address the country’s housing backlog and provide affordable, quality housing opportunities for Filipino families.
Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta, P.A. Properties Vice Chairman Jonathan G. Lu, P.A. Properties Chairman Romarico T. Alvarez, DHSUD Secretary Jose Ramon P. Aliling, P.A. Properties President and CEO Atty. Marianne Reyna Lina-Cruz, P.A. Properties Director Peter Jude T. Alvarez, and DHSUD officials led the ceremonial opening of the Solida Model House at Nuvista Homes Lipa
During the visit, officials conducted a project inspection of completed housing units, including the Solida and Marya house model, which is eligible for the subsidized interest rate under the Expanded 4PH Program.
In his remarks, Alvarez emphasized the importance of strong public-private sector collaboration in addressing the nation’s housing needs.
“Today’s turnover is a testament to what can be achieved when government institutions and the private sector work together toward a common purpose. It reflects our shared commitment to addressing the housing needs of our people and contributing to the national goal of providing decent, affordable, and resilient housing for every Filipino family,” said Alvarez.
He reaffirmed P.A. Properties’ commitment to supporting the government’s housing agenda and expanding homeownership opportunities for more Filipinos.
“P.A. Properties stands firmly alongside the government in this mission. We reaffirm our support and our readiness to be a partner of the government in advancing the country’s housing programs for the benefit of every Filipino,” he added.
For the new homeowners, the event marked more than the receipt of a housing unit—it signified the beginning of a new chapter defined by stability, security, and opportunity. Through continued collaboration among DHSUD, Pag-IBIG Fund, and private sector partners such as P.A. Properties, the vision of providing every Filipino family with a decent and affordable home moves closer to reality.
As one of the country’s leading mass housing developers, P.A. Properties continues to support national housing initiatives through the development of sustainable and affordable communities across the Philippines. The turnover of homes to more than 20 beneficiaries at Nuvista Homes Lipa represents another milestone in helping bridge the country’s housing gap while creating thriving communities where Filipino families can build brighter futures.
The government delegation also visited the nearby Idesia project, a residential development offering housing units priced from ₱3.5 million to ₱7 million, now also eligible for financing through the Pag-IBIG Housing Loan following the increase in the Fund’s maximum loanable amount to ₱10 million per member.
