Vice President Jejomar Binay, who is concurrently Chairman of the PagIBIG housing program, says members affected by Typhoon Labuyo may apply for calamity loans to help ease their return to normal lives.
Binay says that PagIBIG members living in areas placed in a state of calamity are entitled to a calamity loan equivalent to 80 percent of their savings in the fund.
The members will simply have to submit their loan application and present two valid IDs at any PagIBIG branch.
PagIBIG President Darlene Berberabe says applications will be accepted for up to 90 days from the time the area was declared under a state of calamity, and that the agency has set up mobile offices in other typhoon-stricken areas to accommodate the processing of applications.
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Pia Hontiveros, Chief Correspondent and anchor of Solar Network News and News.Ph, presents the Solar News and Current Affairs year-ender special: On the Cusp of Change. A deafening silence, not out of a loss for words but a grief that cannot be spoken, for thousands lost to a super typhoon ... A muted pain from a powerful tremor that violently shook the heart of the nation ... An unspeakable anger over pork barrel that fueled a political maelstrom ... These and other stories from the extraordinary challenging year that was.