Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

DHSUD, Heart center to build 14 housing projects

DHSUD

THE Department of Human Settlements and Urban Development (DHSUD) has partnered with the Philippine Heart Center (PHC) to build 14 vertical housing projects in Quezon City.

The partnership aims to build a total of 14 buildings with about 3,360 units to address the housing needs of PHC employees and families, the DHSUD said in a statement posted on its Facebook page.

“DHSUD Undersecretary Garry V. De Guzman, representing Secretary Jose Rizalino Acuzar, signed a memorandum of understanding with PHC Executive Director Avenilo Aventura, Jr. for a planned housing project in Barangay Tumana, Marikina City under President Ferdinand R. Marcos, Jr.’s Pambansang Pabahay para sa Pilipino or 4PH Program, Feb. 13,” it said.

The 8.1-hectare community will be located in Barangay Tumana, Marikina City, DHSUD said.

Initial features of the project include a clubhouse, basketball court, pool area, wide open spaces and a commercial building inside the 8.1-hectare community.

The project forms part of the government’s 4PH Program, which seeks to address the country’s housing backlog.

The Marcos administration initially set an ambitious goal of constructing six million housing units by 2028 but has since been reduced to 3.2 million units.

The Philippines’ housing need is projected to jump to 22 million by 2040, according to a report by the United Nations Human Settlements Programme. — Beatriz Marie D. Cruz

    You May Also Like

    Stock Markets

    Elizer S. Salilig (right) was appointed as the new National Director of the Bureau of Fisheries and Aquatic Resources. President Ferdinand R. Marcos, Jr....

    Finance

    British companies fear a “significant fall” in their trading prospects over the next few months, raising concerns about further job losses and derailing Labour’s...

    Stock Markets

    What Gen Zs and Gen Alphas bring to the table – BusinessWorld Online Anthony...

    Finance

    Donald Trump’s social media venture, Trump Media & Technology Group (TMTG), has unveiled plans to expand into cryptocurrency and fintech services through a new...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.