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Pambansang Pabahay Para sa Pilipino (4PH) Program

Transforming the 4PH Mandate Into Scalable, Modern Housing Development

The Pambansang Pabahay Para sa Pilipino (4PH) Program is the national housing initiative designed to close the Philippines’ multi-million unit backlog. Kronenthal Holdings Inc. leads the consolidation, financing, and governance of this effort in partnership with Keys2Prosperity Realty Development Corporation (K2P), its designated implementation platform for nationwide 4PH projects.

This partnership creates a unified system for delivering modern, dignified communities at scale. Aligning private capital with the country’s most urgent humanitarian need: safe, livable homes for Filipino families.

Launched in December 2022 under President Ferdinand R. Marcos Jr., the 4PH program is the government’s flagship housing initiative. It seeks to address the country’s estimated 6.5 million-unit housing backlog by providing affordable, decent homes nationwide.

The State of 4PH: Goals, Progress, and Cost Realities

Program Targets

Timeline
Target
Original Target (2022)
6.15 million housing units by 2028
Revised Target (2024)
4.0 million housing units by 2028 (due to financing & land issues)

Unit Cost Estimates

Category
Estimate
Socialized Condo (22–27 sqm)
₱933K – ₱1.62M (excl. land)
Working All-in Avg.
₱1.1M – ₱1.3M per unit

Accomplishments to Date (2025)

Metric
Value
Units Completed/Financed
428,000+
Units Expected Delivered (2025)
12,000
251,000
12,000

Humanitarian Context

The Philippine housing crisis is not only about numbers, but people. Millions of Filipino families continue to live in unsafe, informal settlements exposed to floods, fires, and eviction. Many urban workers such as teachers, nurses, and drivers face exhausting daily commutes because they cannot afford homes near their livelihood centers. The deficit represents lost dignity, unstable livelihoods, and children growing up without the safety of a permanent home.

Why Bridging the Gap Matters

Every delayed project means another family waiting in danger zones, another child studying without a stable environment, and another missed opportunity for inclusive growth. Housing is directly linked to public health, education, workforce productivity, and social stability. Bridging this financing gap is critical not only for economic growth, but for the dignity and safety of millions of Filipinos.

KHI’s Role

KHI acts as the central consolidator and financier for multi-city 4PH projects.
Its mandate covers:

  • Strategic financing and capital structuring
  • Procurement and liquidity management
  • Governance and oversight
  • Nationwide project bundling
  • Investor and institutional coordination

By consolidating many developer LGU projects into one controlled pipeline, KHI creates economies of scale and ensures continuous rollout.

K2P: Designated Consolidation & Implementation Platform

Through a formal strategic affiliation, K2P serves as:

  • The lead developer for KHI-backed 4PH projects
  • The consolidator of LGU endorsements and permits
  • The turnkey implementer of construction
  • The platform for future subsidiary integration

K2P’s role allows KHI to focus on capital, governance, and scale — while ensuring projects move efficiently from approval to completion.

TRIPARTITE AGREEMENT SIGNING

DHSUD Quezon City HQ

January 05, 2024

Atty Richard Ziga
Director, DHSUD REG 1

Engr, Emmanuel Pineda
Undersecretary, DHSUD

Hon. Arth Bryan Celeste
Mayor, Alaminos City

Atty Walter Macaiba
City Admin Alaminos

Flagship Pilot: Alaminos Prosperity Residences

Alaminos City, Pangasinan
882 Units | 8 Residential Buildings | Turnkey Delivery

This development is the template for KHI × K2P’s consolidated 4PH pipeline.
It demonstrates the model’s capacity for:

  • Rapid mobilization
  • Turnkey financing
  • Streamlined coordination with LGUs and DHSUD
  • Scalable construction systems

     

Alaminos serves as the blueprint for expansion across Pangasinan, Isabela, Samar, Sorsogon, Bataan, and more.

Ground Breaking Ceremony

Barangay Bolaney Alaminos City Pangasinan

The KHI × K2P Consolidation Mode

Stable. Scalable. Structured.

One Platform → Many Cities
Multiple LGU projects are bundled under one KHI-governed portfolio.

One Governance Standard
Uniform compliance, reporting, and construction oversight.

One Financing Architecture
Liquidity sustained across projects to avoid delays.

One Execution Channel
K2P manages on-ground implementation under KHI’s supervision.

Strategic Vision

The KHI × K2P partnership is designed to evolve.
Under the Strategic Affiliation Agreement, KHI holds the option to convert K2P into a full subsidiary, integrating all 4PH developments under a single holding structure.

This ensures:

  • Long-term continuity
  • Institutional governance
  • Investor-grade transparency
  • National-level scalability

A structured, stable system — built for decades, not cycles.

Humanitarian Impact

Each completed housing cluster means:

  • A family moves out of danger zones
  • A worker reduces commuting hours
  • A child gains a safe learning environment
  • A community gains permanence, stability, and dignity

     

Housing is not only infrastructure, it is social mobility made physical

The Pipeline

KHI’s current consolidated portfolio covers 43,600+ units across:

  • Pangasinan
  • Nueva Ecija
  • Camarines Norte
  • Quezon
  • Quirino
  • Batangas
  • Isabela
  • Metro Manila

Each project aligns with DHSUD’s standards and the 4PH Turnkey modality