The agency paid developers billions for housing projects, but the land titles were not transferred to the agency. This makes it difficult to give titles to beneficiaries. Also, some construction was moved without proper paperwork.

Why It Matters

Recommended Actions

• A. Require the Region 3 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;

Original Audit Finding Excerpt

"Page 83 of 90 AGENCY ACTION PLAN and STATUS OF IMPLEMENTATION AS AT AUGUST 31, 2025 RESULTS OF COA VALIDATION Ref. (No. in the AAR) Audit Observations Audit Recommendations Agency Action Plan Status of Implementation Reason for Partial/Delay/ Non- Implementation, if applicable Action Taken/Action to be Taken Date of Follow-up Status of Implementation Actual Implementation Date Remarks Action Plan Person/ Department Responsible Target Implementation Date From To From To No. 8, page 118 Inadequacy of systematic reporting, coordination and evaluation of the unapplied collections for 484 project accounts amounting to P579.355 million lodged in Other Deferred Credits - Deposit Liabilities, a temporary account, from CYs 1994 to 2021 resulted in the overstatement of the Other Deferred Credits-Deposit Liabilities by P579.345 million and overstatement of Receivables and understatement of Revenue accounts by the s"

Source Document