President Ferdinand “Bongbong” Marcos Jr. (center) leads the site inspection of the Department of Human Settlements and Urban Development’s land development and housing project in Barangay Nangka, Marikina City on Friday, October 28. (Screenshots from RTVM Facebook page)
MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. inspected the government’s land development and housing project in Nangka, Marikina City, on Friday afternoon.
Once completed, the Bagong Sibol Housing Project would accommodate about 10,000 minimum wage earners and city government employees.
The five-hectare project includes the construction of high-rise buildings with up to 21 stories.
Marikina City Mayor Marcy Teodoro joined the president during the inspection.
Early this month, the Department of Human Settlements and Urban Development (DHSUD) and the local government of Marikina signed a memorandum of understanding and broke ground for the Bagong Sibol Housing Project, the second housing project to break ground in Metro Manila.
The first DHSUD project was launched at the Harmony Hills Terraces in Quezon City.
The DHSUD, which led the housing project, aims to provide affordable, safe, and resilient houses to millions of Filipinos.
Under the administration’s Pambansang Pabahay Para sa Pilipino: Zero Informal Settler Families Program for 2028, six million housing units are eyed to be built.
The housing program, the DHSUD said, can generate an estimate of 1.7 million jobs yearly.