Monday, June 23, 2025

AMA Land – BCDA explore affordable housing opportunities in New Clark City

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AMA Land – BCDA explore affordable housing opportunities in New Clark City

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As part of its ongoing efforts to increase the supply of low-cost housing in New ClarkCity, the Bases Conversion and Development Authority (BCDA) has tapped real estatedeveloper AMA Land, Inc. to explore and study new affordable housing opportunitieswithin the rising metropolis.

On Friday, 13 June 2025, BCDA President and Chief Executive Officer Joshua M.Bingcang and AMA Land Chairman Emeritus Dr. Amable R. Aguiluz V signed a memorandum of understanding (MOU), which establishes a collaborative framework for the conduct of feasibility and business case studies on a potential affordable housing project within New Clark City.

This partnership aims to bring together the two organizations’ resources and expertiseto create sustainable and inclusive housing developments in New Clark City, consistentwith their shared goal of building dynamic communities while promoting environmental stewardship and long-term economic growth.

“Together, we will explore how to design homes that are not just affordable, but well- connected, climate-resilient, and empowering—homes that allow working families tolive near jobs, education, and opportunity,” said Engr. Bingcang.

“We thank AMA Land, led by Dr. Aguiluz, for sharing our belief that development mustreach all sectors of society. Together, we are planting the seeds for communities thatfuture generations will inherit with pride,” he added.

Under the MOU, AMA Land agrees to share its technical expertise and lead thetechnical assessments, feasibility studies, and business case preparation for thehousing project.

Upon completion of these studies, AMA Land will provide recommendations on the project, with focus on sustainability, accessibility and inclusivity in the housing design.This is to ensure that the project will include a diverse range of housing options that can accommodate various income levels and family sizes.

“I call BCDA the department that never sleeps. Under PCEO Joshua Bingcang’sleadership, Subic-Clark-Tarlac Expressway, the Philippines’ longest toll road, now serves as an important milestone. Now, this collaboration between BCDA and AMALand is aimed at tackling the pressing issues of housing shortage and climate change.Not just in New Clark City, but eventually, in other BCDA properties,” said Dr. AguiluzV, who also serves as the Special Envoy to Japan for Trade and Investments.

“This MOU signifies more than just a formal agreement; it represents a shared visionand a concrete step towards addressing critical needs within our nation. Our goal is todesign and develop affordable housing projects and sustainable communities withinNew Clark City,” further remarked by Dr. Aguiluz V.

New Clark City is envisioned to be the country’s first smart, green and resilientmetropolis, masterfully designed to embody the principles of sustainability andinclusivity. At its core, this district is being shaped into a people-centereddevelopment—envisioned to enhance the quality of life of Filipinos and empower localcommunities while catalyzing economic growth.

The development of affordable housing sites in New Clark City contributes to theMarcos administration’s goal of addressing the housing gap in the country. This is alsoaligned with the Philippine Development Plan 2023-2028, particularly the strategies toestablish livable communities.

Aside from this collaboration with AMA Land, the BCDA has made broad steps toestablish low-cost and sustainable housing options in New Clark City. In July 2023, the state-run firm signed a MOU with the Department of Human Settlements and Urban Development (DHSUD) formalizing the two agencies’ partnership under the Pambansang Pabahay Para sa Pilipino Program (4PH).