THE Department of Human Settlements and Urban Development (DHSUD) and the University of the Philippines (UP) on Monday signed a memorandum of understanding for a housing project under President Ferdinand Marcos Jr.’s flagship Pambansang Pabahay para sa Pilipino (4PH) Program.
DHSUD Secretary Jose Rizalino Acuzar and UP President Angelo Jimenez signed the MOU during a ceremony at the DHSUD central office, and subsequently inspected the proposed project site in UP-Diliman campus.
Under the MOU, the UP Management expressed its intent to participate to the flagship housing program of the Marcos Jr. administration.
The DHSUD vowed to facilitate the construction of a 4PH building in the land identified by UP for the housing of qualified faculty and staff of UP.
The agency will also provide end-user interest subsidy for qualified 4PH beneficiaries at UP.
“This MOA solidifies our partnership with UP management toward our common goal of providing decent yet affordable shelters in sustainable communities under President Marcos Jr.’s 4PH, this time for the benefit of UP constituents,” Acuzar said.
“Our unity will serve as a foundation toward the betterment of those from UP. We aim to build a sustainable housing inside UP, for those in UP,” he said.