EHAP Budget Discrepancies and Unliquidated Transfers
National Housing Authority · 2024
This summary was generated automatically from the source document and may contain errors. It is not an official interpretation and should not be relied upon as legal guidance. Review the original excerpt and source document to verify before citing or acting on it.
What Happened?
Category: Financial ManagementIssue: Non-complianceThe NHA spent money on emergency housing without proper approval and didn't track how the money was used, leading to large discrepancies and unaccounted funds.
Why It Matters
Recommended Actions
- Provide an explanation and justification for the transactions made without NCA and immediately coordinate with the DBM to secure the required NCA for the obligations incurred;
Original Audit Finding Excerpt
"NHA’s implementation of Emergency Housing Assistance Program (EHAP), previously known as the Housing Materials Assistance (HOMA) Program, revealed budget discrepancies amounting to P793.453 million, unliquidated transfers to LGUs of P41.837 million, along with the negative fund balances, contrary to PD No. 1445 and EO No. 292 (Administrative Code) due to disbursements without proper appropriation and cash allocation."