BCDA and Pag-IBIG Partner to Build Affordable Housing in Tarlac
- Reports
- 3
- Developments
- 2
- Repetition
- 33%
New informationRepeats or wire copies
What happened
The Bases Conversion and Development Authority and the Pag-IBIG Fund signed a memorandum of agreement to build affordable worker housing on government land under the Expanded 4PH Program. The initial phase covers 14 hectares in New Clark City, including a 10-hectare residential site in Bamban and a 4-hectare site in Capas intended for a government center and support facilities. The partnership combines BCDA’s landholdings with Pag-IBIG’s home financing options.
Why it matters
The collaboration aims to create integrated, near-workplace communities designed as 'walk-to-work' townships to reduce transportation costs and commute times for workers. By combining public land assets with accessible financing, the project addresses both housing supply and affordability in the region.
The Bases Conversion and Development Authority had previously discussed concerns with the local government of Capas.
Who's involved
- Bases Conversion and Development AuthorityProvides landholdings and coordinates the housing project.
- CapasIs allocated 4 hectares for a government center and support facilities.
- BambanIs allocated 10 hectares for residential housing.
- PhilippinesIs the country where the housing project is located.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
How it developed
Newest first. Tap a step to see who reported it.BCDA implements housing model by developing sites and providing land in Capas and Bamban.1 source
BCDA submits legal framework; Marcos addresses displacement concerns in Capas.1 source
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The entities involved
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Bases Conversion and Development Authority
state-owned enterprise in the Philippines
Nothing else this week.
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Capas
municipality of the Philippines in the province of Tarlac
Nothing else this week.