Groundbreaking for ADB Project to develop poor urban communities.

0 Comments | M2 Presswire, October, 2004

M2 PRESSWIRE-21 October 2004-ADB: Groundbreaking for ADB Project to develop poor urban communities(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:10202004 MANILA, PHILIPPINES - Angeles City was today the groundbreaking site of an Asian Development Bank (ADB) project to bring affordable housing and serviced land to about 20,000 urban poor families outside Metro Manila.

Attending the ceremony were Vice President Noli de Castro, chairman of the Housing and Urban Development Coordinating Council (HUDCC), and Michael Lindfield, ADB Senior Housing and Urban Development Specialist. The Development of Poor Urban Communities Sector Project is funded by an ADB loan of $30 million, approved in December 2003. Six pilot communities from 4 participating local government...