PHINMA Community Housing (CoHo) is giving low-income and minimum wage earners a chance to own their own homes as it officially broke ground on its first-ever development in Davao City.
The project, located in Tugbok District, forms part of PHINMA’s direct response to the address country’s estimated 6.5-million housing backlog. The property is designed specifically to help workers transition from renting to affordable homeownership.
Once completed, the development will enable more than 500 underserved families to acquire their first homes. in line with the company’s vision of providing dignified, worker-focused housing options.
“Here at PHINMA Community Housing, we want to fulfill the housing aspirations of low-income families by providing them homes they can call their own,” PHINMA CoHo president and chief executive Luis M. Oquiñena said.
“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 added,
Beyond simply constructing affordable units, CoHo is building a holistic workers’ community. The project will include a community-based enterprise space, a daycare facility for children of working parents, and skills training programs for residents seeking supplemental income—amenities crafted to directly support the realities of minimum wage earners.
PHIMA Corp. chairman and chief executive Ramon R. del Rosario Jr. said the Davao launch marks a significant expansion of PHINMA’s mission to uplift underserved Filipino families.
“We are honored to celebrate PHINMA Community Housing’s very first development here in Davao—a significant step for us as we expand our mission to more communities across the country. This 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,” Del Rosario said. said.
PHINMA Corp. vice chairman Dr. Magdaleno B. Albarracin Jr. highlighted the importance of keeping families’ dreams at the forefront of the design process.
“The more important thing for us is to provide beautiful and affordable homes. We take care of our customers and our customers will take care of us…it’s not only because of self-interest, because the profit will follow
PHINMA Corp. is investing P250 million into PHINMA CoHo as it aims to replicate the success of PHINMA Education in uplifting underserved sectors.
Commercial launch of the Davao units is targeted for the first half of 2026, offering new hope to hardworking Filipinos who have long dreamed of a home they can finally call their own.
