STATE-RUN Home Development Mutual Fund (Pag-IBIG Fund) has initially allocated P3 billion in calamity loan funds for members in calamity-stricken areas, including those affected by the strong earthquake that hit Northern Luzon.

The said fund was allocated to help affected Pag-IBIG members in Ilocos Region, Cagayan Valley and the Cordillera Administrative Region (CAR) recover from the devastation caused by last week's magnitude 7 earthquake.

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