Pag-IBIG Fund and BCDA partner to build walk-to-work housing at New Clark City under Expanded 4PH

Pag-IBIG Fund and the Bases Conversion and Development Authority (BCDA) have signed a memorandum of agreement to develop affordable housing on government land, initially targeting about 14 hectares at New Clark City in Tarlac. The partnership aims to bring homes closer to workplaces under President

Pag-IBIG Fund and the Bases Conversion and Development Authority (BCDA) have formalised a partnership to develop affordable housing on government land, building on President Ferdinand R. Marcos, Jr.'s Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) Program. The memorandum of agreement was signed on 8 Oct 2026 at the BCDA office in Bonifacio Global City, Taguig City, witnessed by Department of Human Settlements and Urban Development Secretary and Pag-IBIG Fund Board Chairman Jose Ramon P. Aliling.

The collaboration initially prioritises approximately 14 hectares in New Clark City, comprising a 10-hectare property in Bamban, Tarlac, and a 4-hectare property in Capas, Tarlac, with the latter intended for a government centre and other complementary developments. Camp John Hay, Morong Discovery Park, and the Poro Point Freeport Zone have also been identified for possible projects.

Under the agreement, BCDA and Pag-IBIG Fund will pursue housing and other development opportunities on identified BCDA properties, combining land, infrastructure, financing and housing expertise. The planned housing development in New Clark City is intended for workers and aims to create a walk-to-work township, integrating housing with commercial areas and facilities for rest, recreation and other daily needs.

“President Ferdinand R. Marcos, Jr. has directed us to sustain our efforts to provide more Filipino families with access to decent and affordable homes,” Mr. Aliling said. “Through Expanded 4PH, we are bringing together government resources and capabilities to turn that directive into concrete housing opportunities. This collaboration between BCDA and Pag-IBIG Fund puts government land and affordable financing to work toward that goal.”

BCDA President and CEO Joshua M. Bingcang described the partnership as a long-term institutional arrangement. “As our project areas continue to grow, we want to make sure that our properties are put to productive use and that development keeps pace with the needs of the people,” he said. “Through this partnership, we aim to advance projects within the Marcos administration's term that will provide quality housing and help give Filipino families greater opportunities to own a home.”

Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta said the partnership opens opportunities to make housing more affordable while placing greater attention on location. “Making homeownership more accessible means bringing together affordable financing and quality homes in locations that meet Filipino workers' needs,” she said. “Through this partnership, BCDA can provide access to government land, while Pag-IBIG Fund can contribute financing and housing expertise. This gives us an opportunity to build homes closer to workplaces and make it possible for our members to walk to work.”