The agency did not have an agreement to receive its share of proceeds from the sale of military camps, and also missed out on a separate share meant for Mt. Pinatubo rehabilitation, losing significant funding.

Why It Matters

Recommended Actions

• Coordinate with the DHSUD, NHMFC and PhilGuarantee to fast track the formulation of guidelines on the allocation of the 12 per cent share from net proceeds of sale of military camps that will be the basis of the terms and conditions in the execution of MOA with NHMFC and PhilGuarantee to validly establish NHA's share out of the net proceeds as at December 31, 2021, and succeeding years for collection;

Original Audit Finding Excerpt

"The absence of MOA with NHMFC and Home Guaranty Corp, now PhilGuarantee on the distribution of 12 % share from the net proceeds on the BCDA's sale of military camps amounting to P2.775 billion which resulted in inability of the Authority to establish any remaining share, including identified properties to be conveyed and its probable share in the succeeding years from BCDA, through DBM Likewise, the 3% share equivalent to P721.407 million intended for the Mount Pinatubo Assistance, Rehabilitation, and Development Fund was not released to NHA due to lack of coordination with the BCDA and DBM, contrary to Paragraph (d) 15, Section 8 of RA No. 7227 and Section 4.6.2 of AO No. 236. Thereby, depriving funds intended for the implementation of the National Shelter Program and the rehabilitation and development of areas affected by the Mt. Pinatubo eruptions."

Source Document