Improper monitoring of EHAP/HOMA projects leading to unliquidated funds
National Housing Authority · 2023
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What Happened?
Category: Financial ManagementIssue: Non-complianceNHA did not properly monitor its housing assistance projects, leaving P190.812 million unliquidated because the required documents were incomplete.
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
"Agency Action Plan Reason for 7 Partial/Delay/ Ref. Audit Observations Audit Recommendations | Target Implementation Status of Non- Action Taken/Action to be Action Plan PersoniDept. Date Implementation Implementation, Taken Responsible From To if applicable CY 2022 NHA did not comply with major a. Reconcile the reported North Sector Implemented AAR stipulations in the MOA with | information from RDSD and Observation | the DPWH, resulting in the | NSO to ensure the reliability of Accounting No. 16, over and under procurement of | the account and fund balances; Department page 179 housing units and a delay in the target relocation project, b. Make the necessary RDSD Implemented contrary to Sections 4(3) and | adjustments to accurately 84(2) of PD No. 1445, Sections | reflect the actual occupied units 1 and 5.1 of COA Circular No. | charged against the Fund; 94-013 dated December 13, 1994. and certain provisions in c. Ensure that the fund tmplemented the MOA between NHA and | balances pe"