• 2025.09.06 (Sat)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
MENU
 
Home > World

Philippines Promises Over 250,000 Homes Through Expanded 4PH Housing Program

Ana Fernanda Reporter / Updated : 2025-07-10 04:48:42
  • -
  • +
  • Print

A total of 251,846 socialized housing units are expected to be delivered through the Expanded Pambansang Pabahay para sa Pilipino (4PH), an ambitious housing initiative by the Philippine government. This official commitment by 42 private developers to participate in the program is anticipated to significantly invigorate efforts to address the housing backlog.

On Wednesday, the Department of Human Settlements and Urban Development (DHSUD) announced that this commitment was formalized through a joint letter signed by the chief executives of four major developer organizations. The participating developer groups include the Chamber of Real Estate and Builders’ Associations, Inc. (CREBA), the National Real Estate Association (NREA), the Organization of Socialized and Economic Housing Developers of the Philippines (OSHDP), and the Subdivision and Housing Developers Association, Inc. (SHDA).

In their letter, the developers stated, "Expressing our collective optimism in the current administration and the potential of the recalibrated 4PH Program to provide a meaningful solution to the nation’s overwhelming housing demand, we are pleased to submit an initial list of private developers willing to participate in the program and contribute to the production of socialized housing." They added, "To date, this commitment amounts to a total of 251,846 units."

The developers cited DHSUD's recent reform measures as pivotal to their decision to participate in the program. These reforms include streamlining permitting processes, updating technical standards for socialized housing, adjusting price ceilings, and establishing Housing One-Stop Processing Centers (HOPCs). The groups proposed a pilot implementation of HOPCs dedicated solely to 4PH-related permits and transactions, arguing that this would improve coordination among government agencies, local governments, and private developers, and accelerate approval procedures.

The Philippines faces a severe housing shortage due to rapid urbanization and population growth. Statistics indicate that the housing deficit in the Philippines is approximately 6.5 million units and continues to increase annually. Low-income groups and residents of informal settlements, in particular, struggle to secure even basic housing. To address this issue, President Ferdinand Marcos Jr. has made housing a top priority since the beginning of his term, setting a goal of constructing one million homes annually. The expanded 4PH program is a key policy tool designed to achieve this objective.

The 4PH program goes beyond simply providing houses; it aims to create sustainable residential communities. In addition to housing construction, the program seeks to improve the quality of life by establishing basic infrastructure such as water, sewage, electricity, and roads, as well as developing community amenities like schools, healthcare facilities, and commercial centers. Furthermore, it explores options to enhance housing accessibility for low-income households by offering affordable loan interest rates and flexible repayment terms.

DHSUD Secretary Jose Ramon Aliling welcomed the private developers' commitment, calling it a "huge push" for President Ferdinand R. Marcos Jr.'s housing initiatives. Secretary Aliling stated, "This commitment is clear evidence that the recalibrated and expanded 4PH program is moving in the right direction," adding, "It reinforces our resolve to provide dignified living conditions for housing beneficiaries under the President’s 'Bagong Pilipinas' vision."

This significant commitment from the private sector is expected to be a crucial milestone that enhances the success potential of the 4PH program. However, the program's actual success hinges on the smooth progress of housing construction as planned, stable financial sourcing, and, most importantly, the efficient distribution of housing to the most deserving segments of the population. Through continuous cooperation and transparent operation between the government and the private sector, it is hoped that the Philippines' long-standing housing problem will be resolved, and more citizens will be able to improve their quality of life in stable living environments.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #micorea
  • #mykorea
  • #Lifeplaza
  • #nammidonganews
  • #singaporenewsk
  • #Taiwanpost
  • #Samsung
  • #Doosa
Ana Fernanda Reporter
Ana Fernanda Reporter

Popular articles

  • U.S. Government Acquires Controlling Stake in Intel, Signaling New Era of State-Corporate Alliance

  • Apple Announces Additional $100 Billion U.S. Investment, Unveils New Partnership With Samsung

  • Minneapolis Police Uncover Mass Murder Obsession in Church Shooting Suspect, 116 Rounds Fired into Congregation

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065556090020684 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Israel Launches Airstrikes on Gaza City After Evacuation Order
  • US "475 people arrested at a Korean company site in Georgia… many are Korean" Official Announcement
  • Danang's Korean Community Takes a Big Leap Toward a New International School
  • Thailand's Political Landscape Shifts as Conservative Anutin Charnvirakul is Elected New Prime Minister 
  • The 10th Ulsan Ulju Mountain Film Festival: A Festival for the Entire Family
  • Russia Urges U.S. to Embrace Arctic Economic Partnership

Most Viewed

1
U.S. Government Acquires Controlling Stake in Intel, Signaling New Era of State-Corporate Alliance
2
Mitsubishi Pulls Out of Japanese Offshore Wind Projects Amid Soaring Costs
3
Brazil Weighs Legal Action as U.S. Tariffs Escalate Trade Tensions
4
The 34th Korean Dance Festival Opens a New Chapter for Daejeon with Dance
5
'K-Pop Demon Hunters' Is This Summer's Unlikely Juggernaut, Captivating U.S. Parents and Surging to Disney-Level Status
광고문의
임시1
임시3
임시2

Hot Issue

'Are you coming to get me?' The Last Plea of a Gazan Girl Resonates at the Venice Film Festival

U.S. Greenlights $32.5 Million in Aid for Nigeria Amid Rising Hunger Crisis

New Ebola Outbreak Confirmed in the DRC, 15 Dead

Nigerian River Tragedy: Overloaded Boat Capsizes, Leaving Dozens Dead

China’s online public opinion manipulation goes beyond Korea

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • 우리방송
  • APEC2025가이드북TV
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
  • Multicultural News
  • Jobs & Workers
  • APEC 2025 KOREA GUIDE