The Department of Human Settlements and Urban Development (DHSUD) and the Bases Conversion and Development Authority (BCDA) are eyeing township developments composed of 500,000 housing units inside the sprawling New Clark City in Tarlac.
DHSUD Secretary Jose Rizalino Acuzar, BCDA chairman Delfin Lorenzana, and BCDA president and chief executive officerJoshua Bingcang on July 10 signed a memorandum of understanding (MOU) formalizing the two agencies’ partnership under President Ferdinand Marcos Jr.’s Pambansang Pabahay para sa Pilipino Housing (4PH Program).
Acuzar cited the huge potential of New Clark City in terms of township developments under 4PH that could unlock a wide range of economic opportunities.
“This could be the answer to decongestion of surrounding highly-urbanized areas, and also tapping the full economic potential of New Clark City by putting up residential structures, hence, the populace,” Acuzar said, citing the vast lands within New Clark City.
“There are already government facilities here, we only need to bring in population to spur economic activities. And by putting up decent yet affordable and sustainable housing units, surely, we will attract home buyers,” he added.
Follow-up meetings are set in the coming days between top DHSUD and BCDA officials to explore the plan.
