Photo caption: The Bases Conversion and Development Authority (BCDA) and AMA Land, Inc. signed a memorandum of understanding (MOU) as it aims to explore and develop new affordable housing opportunities within New Clark City. BCDA photo
As part of its ongoing efforts to increase the supply of affordable housing in New Clark City, the Bases Conversion and Development Authority (BCDA) has tapped real estate developer AMA Land, Inc. to explore and study new affordable housing opportunities within the rising metropolis.
On Friday, 13 June 2025, BCDA President and Chief Executive Officer Joshua M. Bingcang and AMA Land Chairman Emeritus Dr. Amable R. Aguiluz V signed a memorandum of understanding (MOU), which establishes a collaborative framework for the conduct of feasibility and business case studies on a potential affordable housing project within New Clark City.
This partnership aims to bring together the two organizations’ resources and expertise to create sustainable and inclusive housing developments in New Clark City, consistent with their shared goal of building dynamic communities while promoting environmental stewardship and long-term economic growth.
“Together, we will explore how to design homes that are not just affordable, but well-connected, climate-resilient, and empowering—homes that allow working families to live near jobs, education, and opportunity,” said Engr. Bingcang.
“We thank AMA Land, led by Dr. Aguiluz, for sharing our belief that development must reach all sectors of society. Together, we are planting the seeds for communities that future generations will inherit with pride,” he added.
Under the MOU, AMA Land agrees to share its technical expertise and lead the technical assessments, feasibility studies, and business case preparation for the housing project.
Upon completion of these studies, AMA Land will provide recommendations on the project, with focus on sustainability, accessibility and inclusivity in the housing design. This is to ensure that the project will include a diverse range of housing options that can accommodate various income levels and family sizes.
“This MOU signifies more than just a formal agreement; it represents a shared vision and a concrete step towards addressing critical needs within our nation. The collaboration between BCDA and AMALI is aimed at tackling the pressing issues of housing shortage and climate change. Our goal is to design and develop affordable housing projects and sustainable communities within New Clark City,” said Dr. Aguiluz V, who also serves as the Special Envoy to Japan for Trade and Investments.
New Clark City is envisioned to be the country's first smart, green and resilient metropolis, masterfully designed to embody the principles of sustainability and inclusivity. At its core, this district is being shaped into a people-centered development—envisioned to enhance the quality of life of Filipinos and empower local communities while catalyzing economic growth.
The development of affordable housing sites in New Clark City contributes to the Marcos administration’s goal of addressing the housing gap in the country. This is also aligned with the Philippine Development Plan 2023-2028, particularly the strategies to establish livable communities.
Aside from this collaboration with AMA Land, the BCDA has made broad steps to establish affordable and sustainable housing options in New Clark City. In July 2023, the state-run firm signed a MOU with the Department of Human Settlements and Urban Development (DHSUD) formalizing the two agencies’ partnership under the Pambansang Pabahay Para sa Pilipino Program (4PH).
Earlier this year, the BCDA also signed a lease contract with South Korea-based Saekyung Unitless Co. and Philippine-based Sta. Clara International Corp. for the development of a 6.1-hectare affordable housing project in New Clark City, with support from the Korea Overseas Infrastructure and Urban Development Corp. (KIND).
The Php4.8 billion housing development will feature 3,320 units, a portion of which will be earmarked as subsidized units under the government’s 4PH Program.