00:00The Department of Human Settlements and Urban Development, or DSUD, and the University of
00:05the Philippines, or UP, signed a Memorandum of Understanding to collaborate on a housing
00:11project under President Ferdinand R. Marcos, Jr.'s Pambansang Pabahay para sa Pilipino,
00:17or 4PH, program.
00:18DSUD Secretary Jose Rizalino Acuzar and UP President Angelo Jimenez formalized the agreement
00:27during a ceremony.
00:29For touring the proposed project site at UP Diliman, the MOU signifies UP's commitment
00:35to support the government's initiative with plans to construct a 4PH building on UP's
00:41land to house qualified faculty and staff.
00:44The DSUD will also provide an interest subsidy to eligible 4PH beneficiaries at UP.
00:50Acuzar emphasized the importance of the partnership, stating it would contribute to the goal of
00:56providing affordable, sustainable housing for UP's community.
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