PHINMA Community Housing (CoHo), the community housing segment of PHINMA Corp., broke ground on its inaugural project in Davao City, an initiative directly supported by a P250-million investment from the parent company.
The project, located in the Tugbok District, aims to address the country’s estimated 6.5-million housing backlog by providing affordable and dignified homes for low-income workers.
The development is set to enable over 500 underserved families to acquire their first homes. CoHo president and chief executive Luis Oquiñena, alongside PHINMA Corp. chairman and chief executive Ramon del Rosario Jr. and CoHo directors, led the ceremonial groundbreaking and model unit blessing on Nov. 20, 2025.
Del Rosario said the project represents “hope and opportunity—not just for the families who will live here, but for the broader Davao community that will benefit from a safer, stronger, and more inclusive environment.”
Oquiñena cited the company’s commitment. “It’s not just about building houses—it’s about giving these families safe, secure spaces where they can make their dreams come true and become part of a supportive, dignified community,” he said.
The project is designed to offer a sustainable and holistic housing solution, transitioning minimum wage earners from rental housing to homeownership.
It integrates shelter into a workers’ community with amenities tailored to their needs, such as a community-based enterprise, a daycare facility for children while parents are at work, and skills training for residents seeking additional income sources.
PHINMA vice chairman Magdaleno Albarracin Jr. stressed the focus on the end-user. “The more important thing for us is to provide beautiful and affordable homes,” said Albarracin.
PHINMA Community Housing is modeling its approach after the parent company’s success in catering to the underserved in the education sector. The commercial launch of the units is expected in the first half of 2026.
