The Social Housing Finance Corporation has approved Phase 2 of the Makabagong San Juan Pambansang Pabahay project, advancing the construction of a major vertical housing development in San Juan City under the government’s flagship housing program.

The project was approved on 29 January following deliberations led by SHFC President and CEO Federico Laxa and the agency’s Credit Committee, ending a wait of more than seven years for the project’s intended beneficiaries.

Phase 2 of the development is set to rise to 34 stories, making it the tallest vertical housing project so far under President Ferdinand Marcos Jr.’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program. The project is expected to provide safe and affordable housing to more than 1,100 families in San Juan City.

Plans for the building include more than 130 parking slots and four commercial units intended to support residents’ daily needs and boost local economic activity.

“This long-held dream of San Juan families is finally coming to fruition. Through our strong collaboration with the local government led by Mayor Francis Zamora, the long wait is finally over,” Laxa said following the approval.

The project falls under the supervision of the Department of Human Settlements and Urban Development, headed by Secretary Jose Ramon Aliling. SHFC said the initiative aligns with its mandate to deliver affordable, decent, and permanent housing, particularly in densely populated urban areas.

Phase 2 builds on the approval of Makabagong San Juan Pambansang Pabahay Phase 1 in September last year, which is also expected to house more than 1,000 families.

SHFC said its vertical housing projects form part of a broader push for sustainable urban housing solutions. In San Fernando City, Pampanga, Crystal Peak Estates has already housed more than 50 families, with around 900 additional units ready for occupancy.

Other vertical 4PH developments are also progressing, including People’s Ville in Davao City, which has 14 completed buildings and has accommodated more than 200 families. In Manila, SHFC has completed 172 housing units under the San Miguel de Manila Residences project, while construction continues at Port Town.

Construction is likewise ongoing at Valley View Township in Tagoloan, Misamis Oriental, and Tandikan Ville in Puerto Princesa City, Palawan.