ABS-CBN Foundation's BayaniJuan Receives $1.5-M from ADB Through JFPR
The Japan Fund for Poverty Reduction through the Asian Development Bank (ADB) is granting $1.5M assistance to BayaniJuan in Calauan, the relocation site of the Pasig River clean-up.
The grant aims to promote partnerships and innovation in poor and undeserved communities and to develop the capacities of Bayanijuan residents for self-governance and community development to be implemented by the ABS-CBN Foundation Inc., with the National Housing Authority as executing government agency. The ADB hopes to create a model for public-private partnerships and replicate it in various parts of the country.
(Photo from left to right: Vice President Jejomar Binay, Managing Director of ABS-CBN Foundation, Inc. Ms. Regina Paz Lopez, Director General of Southeast Asia Department – Asian Development Bank Mr. Kunio Senga, National Housing Authority General Manager Atty. Chito Cruz, and Ambassador of Japan to the Philippines His Excellency Toshinao Urabe)
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