Johndorf Ventures Corporation (JVC) was recently recognized by the Home Development Mutual Fund (HDMF/ Pag-IBIG Fund) and the Department of Human Settlements and Urban Development (DHSUD) for its leadership in the industry.
HDMF named JVC among the Top Ten Developers in the territorial categories of Visayas and Mindanao in terms of number of projects completed. JVC placed Seventh in Cebu and Second in Mindanao. The award was given to JVC Managing Director Abigail Lim in ceremonies honoring top-performing partners in Pag-IBIG’s Stakeholders’ Accomplishment Report (StAR) for Q1 to Q3 of 2022.
DHSUD- 10, represented by Regional Director Ariel Abragan, on the other hand, handed over to the company on December 5, 2022 the Outstanding Real Estate Developer Award for a “well-maintained and regulated subdivision project in the Socialized Housing Category under Batas Pambansa (B.P.) No. 220.”
B.P. 220, enacted in 1982, promotes and encourages the development of economic and socialized housing projects to make shelter available for average- and low-income earners in the urban and rural areas.
JVC has built almost 40 communities in Iligan, Cagayan de Oro, Davao, Butuan, Lapulapu and Cebu Cities and in their surrounding areas over its 36-year history. It launched last month Tierra Nava Opol within the Cagayan de Oro-Iligan Corridor Special Development Project Area. It is also currently building Tierra Nava Lumbia in Cagayan de Oro. At least four other major developments will be introduced in 2023.
Lim says, “These awards clearly affirm the mission that JVC has taken on – that of creating, sustaining and nurturing livable communities for the contemporary Filipino.”
She added, “The recognition from the top agencies regulating and monitoring the property development sector gives us the inspiration to forge forward. These is definitely giving us more clarity as we work even harder at becoming better at this business, setting the standards for quality homes and quality lifestyles.”
JVC’s portfolio includes projects in the socialized, affordable and luxury residential categories. It has, as well, grown into commercial and mixed-use development in recent years. The company continues to expand its footprint with contemporary livable communities catering to the fast-changing needs of Filipino homebuyers and commercial mix-use leasers and investors.
