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Sunday, November 24, 2024

Socialized housing in Mandaluyong

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.

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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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