The completed 4PH building in Bacolod City
BACOLOD City 鈥� Bacolod City made history as the first local government unit in the Philippines to hand over a completed 4PH housing building.
Led by Bacolod Mayor Alfredo Abelardo 鈥淎lbee鈥� Benitez, the event marked the turnover of Building 1 of the Asenso Yuhum Residences in Arao to Bacolodnon families.
The 4PH Program, launched under President Ferdinand Romualdez Marcos Jr.鈥檚 鈥淧ambansang Pabahay Para sa Pilipino鈥� initiative, aims to address the nation鈥檚 housing backlog. Bacolod鈥檚 milestone demonstrates its commitment to provide affordable and sustainable housing for its people.
Buyer-beneficiaries of Building 1 are the first to occupy units under the 4PH Program. Documentation is underway for additional beneficiaries slated to receive units in Buildings 2, 3, and 4.
The success stems from the collaboration of the Bacolod Housing Authority (BHA), led by Ma. Victoria Parrenas, and private sector partner WRS Holdings Consortium. The consortium includes Scheirman Construction Consolidated Inc. and RS Realty Developers Inc., setting a high standard for public-private partnerships in housing.
The Department of Human Settlements and Urban Development (DHSUD), under Secretary Jose Rizalino Acuzar, played a vital role by providing subsidies to reduce housing costs for beneficiaries. This financial support reflects DHSUD鈥檚 commitment to equitable access to quality housing.
The Home Development Mutual Fund (HDMF), led by President Marilene Acosta, also contributed by extending development loans and fast-tracking documentation. HDMF鈥檚 dedication to the 4PH Program ensures seamless transitions for beneficiaries into their new homes.
Mayor Benitez said this achievement represents Bacolod鈥檚 drive to become a 鈥淪uper City.鈥� 鈥淏y combining innovation, collaboration, and a focus on uplifting lives, Bacolod is setting the standard for urban housing development in the Philippines,鈥� he said.
The Asenso Yuhum Residences symbolize hope and progress for Bacolodnon families. Through Mayor Benitez鈥檚 leadership and President Marcos鈥� vision, Bacolod remains a trailblazer in delivering dignified housing and sustainable communities.