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Saturday, April 20, 2024

Socialized housing in Mandaluyong

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Residents of Barangay San Ignacio, Plainview in Mandaluyong are set to benefit from the development of MCA Homes, a joint venture project between CDC Homes Development & Ventures Inc. (CDC Homes), an affiliate of CDC Holdings, and the city government of Mandaluyong.

At the signing of the memorandum of agreement for MCA Homes were (from left to right):  CDC Holdings CEO Elsie Chua; Mandaluyong Mayor Carmelita “Menchie” Abalos; and Pag-IBIG Fund senior vice president for lending operations Fermin Sta. Teresa.

Set to rise on a 348-sqm land in Plainview, the six-floor MCA Homes will be offered to priority buyers of San Ignacio, and to the families to be affected by the Pantaleon-Estrella Bridge renovation, as well as to the minimum-wage Pag-IBIG members of the barangay. 

Scheduled to be completed in 16 months-time, MCA Homes is CDC’s first foray into socialized housing.

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