New Clark City will be the pilot area for what could be the game-changer in terms of design, concept, and cost in affordable housing in the country, the Bases Conversion and Development Authority (BCDA) said.
In a recent webinar attended by more than 40 participants from public and private corporations, developers, banks and financial institutions, the BCDA, in partnership with United Kingdom’s Foreign Commonwealth and Development Office, unveiled the design and concept for affordable housing that are anchored on the following principles: affordability, mobility, safety and security, economic resilience, healthy design, community and inclusivity, climate and environmental, and accessibility.
BCDA senior vice president Joshua Bingcang and the delivery team of the Global Future Cities Program discussed the overall masterplan, detailed forecast on housing demand and supply, and the financial aspects of the project.
The MOU was signed by British Ambassador to the Philippines Daniel Pruce and BCDA president and chief executive officer Vince Dizon signed the memorandum of understanding (MOU) for design of the affordable housing project last September.
The parties agreed to design the pilot 33.89-hectare affordable housing project in New Clark City, and will review the existing housing strategy within the Clark Special Economic and Freeport Zone and New Clark City.
Under the MOU, the parties will also set up a sustainability unit for New Clark City and facilitate development of activities on urban planning, disaster resilience, urban design, landscape architecture, and sustainable development goals.