The land titles for many housing projects were not registered under the developers' names when the agreements were signed. Because of this, NHA did not receive the titles even though they paid the developers billions of pesos. Also, some construction work was moved without proper paperwork.

Why It Matters

Recommended Actions

• Require the developers/Community Associations to fast -track the issuance of the individual titles, with Tax Declaration, in the name of NHA for the acquired developed lots
• Submit the proper documentation for the transfer of construction of 405 units from Southville 9 Phase 5 to Phase 6
• And Submit to the Audit Team clear and certified true copies of pertinent documents on ownership of the developers for the eight housing projects.

Original Audit Finding Excerpt

"Transfer Certificate of Titles (TCTs) for lot areas of the 21 housing projects were not registered in the name of the developers at the time of execution of Contract Agreement and tripartite MOA for the AFP/PNP Housing Program and the Resettlement Program for ISFs Living in Danger Areas, contrary to relevant provisions of said Agreements. Thus, the individual TCTs of 6,434 developed lots for the 17 out of the 21 housing projects were not yet transferred to NHA despite full payment of P4.892 billion to the developer, which causes the difficulty in transferring the titles to the intended beneficiaries. Moreover, the construction of 405 HUs was transferred from Southville 9 Phase 5 to Phase 6 without proper documentation."

Source Document