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At the MOU signing: PHINMA Properties represented by president and CEO Raphael Felix (second from left), chief business development officer Engr. Francis Villegas (second from right), business development director Joni Lopez-David (rightmost), business development officer Gabriel Tanada (standing left), partners with the Local Government of Iloilo, led by Mayor Jerry Treñas (middle), Iloilo City Councilor Miguel Treñas (leftmost), and Legal Counsel Atty. Peter Millare (standing right), with a shared purpose of advancing affordable housing initiatives for Filipinos’ better quality of life. | photograph courtesy of PHINMA
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PHINMA Properties partnered with the City Government of Iloilo to provide affordable and accessible housing initiatives to aid underprivileged citizens in urban resettlement areas.
A Memorandum of Understanding was signed on 19 September.
PHINMA Properties has a proven track record in forging successful partnerships with various local government units in projects such as Bistekville in Quezon City, L'Oasis Malabon in Malabon City, and Grand Strikeville in Bacoor. These projects reflect the company's dedication to fostering the Bayanihan Spirit and improving the lives of Filipinos by delivering dignified and reasonably priced housing options.
"Our purpose and beliefs are rooted in the idea that every Filipino deserves to be sheltered in decent homes as we pursue our mission by improving how cities urbanize, thus making lives better through shelter. PHINMA Properties makes this dream a reality by ensuring accessible pricing, simplified processes, modern solutions, and enhanced service experiences for our homeowners. Partnerships such as this one with the City Government of Iloilo align with our nation-building mission to create and cultivate sustainable and vibrant communities across the country's established and upcoming urban centers. This also contributes to our broader goal of inclusive growth, where housing security plays a critical role in creating a more equitable society for all," Raphael B. Felix, president and chief executive officer of PHINMA Properties, said.
Part of the larger PHINMA conglomerate, PHINMA Properties consistently identifies growth centers and emerging cities to create new urban centers and communities that empower Filipinos with a better quality of life.