Unliquidated Fund Transfers under the EHAP and Special EHAP
National Housing Authority · 2022
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What Happened?
Category: Financial ManagementIssue: Non-complianceHousing assistance funds given to local governments and beneficiaries remain unliquidated and undocumented, totaling over 190 million pesos.
Why It Matters
Recommended Actions
- Religiously monitor the implementation of the projects. In this connection, coordinate and require the LGUs to immediately liquidate and return any unutilized funds within the prescribed period as stated in NHA MC Nos. 2524 and 2021-070 dated April 16, 2013, and December 23, 2021, respectively
- And Ensure that all liquidations are supported with complete documentation.
Original Audit Finding Excerpt
"The projects implemented under the EHAP, formerly known as Housing Materials Assistance (HOMA) Program, were not properly monitored resulting in unliquidated total amount of P190.812 million as at December 31, 2022, in view of incomplete documentation of liquidations, unutilized balances not returned to NHA and non-liquidation of the Special EHAP, contrary to NHA MC No. 2524 dated April 6, 2013, as amended by MC No. 2019-028 dated July 23, 2019 and MC No. 2021-070 dated December 23, 2021."