NHA's management of the NHA-SSS housing program was poor, leading to lost income, extra debts, and risks of losing properties. No action has been taken to fix these problems.

Why It Matters

Recommended Actions

• Exercise the rights and interest over the foreclosed properties by: immediately resolving the resettlement of the illegal occupants of the properties, prioritizing the settlers occupying buildings found to be deteriorating in order to prevent loss of life and further damages to NHA’s image in delivering its mandates
• Instituting foreclosure proceedings for accounts under SSS
• And exploring opportunities to generate income from the foreclosed properties.

Original Audit Finding Excerpt

"Page 75 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 impairment loss due to inability to report the condition and assess the recoverable amount. No. 9, page 137 The collection efficiency rates reported in the Collection Evaluation Report (CER) could not be relied upon due to improper and incomplete reporting of total amount due and actual collection which may mislead its users. Further, NHA has low collection efficiency of 23 per cent out of the total outstanding receivables for reside"

Source Document