CABLING ARNOLFO social housing finance corporation TOURISM

SHFC FEATURE: Helping to revive historic Intramuros

A conservation management plan  was developed in early 2019  for the protection of the historic district of Intramuros in the Philippine capital city of Manila. The plan includes the relocation of informal settler families (ISF). 

intramuros squatters

Intramuros, an urban heritage district with proper zoning and historic-cultural identity, covers an area of 64 hectares, with graying stone walls stretching to 4.5 kilometers. It was the locus of Spanish Imperial power in Asia, seat of the Roman Catholic Church in the Philippines, and home of the oldest universities and colleges in Asia. 

The Intramuros Administration, an attached agency of the Department of Tourism, on March 27, 2019, entered into a Memorandum of Agreement with the Social Housing Finance Corporation (SHFC), headed by president Atty. Arnolfo Ricardo Cabling and the then Housing and Urban Development Coordinating Council (HUDCC), then chaired by Eduardo del Rosario, for the resettlement and relocation of about 1,500 informal settler families living inside the walled city.

The Philippine government agency tasked with implementing the socialized housing program has joined efforts to revive one of the country’s treasured historical landmark.

Signing the memorandum of agreement are SHFC President Arnolfo Ricardo Cabling, HUDCC Chairman Eduardo del Rosario and IA Administrator Guiller Asido. SHFC Officer in charge Senior Vice President for Operations Leo Deocampo, IA Finance and Administrative Division Chief Merceditas de Sahagun, Department of Tourism Assistant Secretary Roberto Alabado 3rd, and IA Accountant Virginia III Laserna witness the ceremony.

To implement the project, an initial amount of P410 million was made available to SHFC to cover the costs for land acquisition, site development, and house construction. 

The fund also covered subsidy grants for livelihood initiatives, road right-of-way to the project site, establishment of settlement management, social preparation, and capacity building of stakeholders.


No more informal settlers in Intramuros’ revived historic look


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