Resettlement of a community may be necessary in the case of sudden events. It will also bring about permanent or temporary changes in the lives and livelihoods of the residents that could be challenging in establishing a resilient community. The local government-administered resettled communities within the National Capital Region of the Philippines, which have undergone an involuntary resettlement process because of natural disasters that hit the country, often face challenges of formalizing themselves in a new environment. There are times when they are deprived of basic service provision and management. The scope of the research is anchored on the Sustainable Livelihood Framework (SLF) by the Department for International Development (DFID), which focuses on the five asset capitals: human, social, physical, financial, and natural. The transfer of a community to another location potentially results in the destruction of social networks, divisions of communities, and a reduction of household members’ livelihood opportunities. Thus, it is essential to comprehend how these capitals are affected in unexpected situations, such as COVID-19. The study revealed that the pandemic mainly influenced the human and financial capitals of the community to a significant level. The findings are anticipated to be inputs in formulating resilient livelihood strategies for settlement development planning and implementation at the local level of government.