The housing agency spent money it didn't have yet, leading to huge budget deficits and allotment overdrafts. Projects are stalled because there's no money, and contracts risk termination, wasting time and resources.

Why It Matters

Recommended Actions

• Ensure that all contracts to be awarded to contractors for the proposed housing projects have sufficient funds, pursuant to Item 5.7 of DBM Circular No. 2010-9 dated December 30, 2010, by requiring Certificate of Budget Allocation prior to the awarding of contracts.

Original Audit Finding Excerpt

"Done 8 NATIONAL HOUSING AUTHORITY Elliptical Road, Diliman, Quezon City AGENCY ACTION PLAN and STATUS OF IMPLEMENTATION Audit Observations and Recommendations For the Years Ended December 31, 2024 and 2023 As of August 31, 2025 Agency Action Plan Reason for . . , , 5 Target Implementation Partial/Delay/ , ; Ref. Audit Observations Audit Recommendations Action Plan Person/Dept. Date Status of Non- Action Taken/Action to be Taken Responsible Implementation | Implementatio From To n, if a applicable OTHERS z No.6 | Eleven years after the | To minimize the delays in project FMD January Continuing FMD: Memorandum dated September 27, 2024 re: launch of the Yolanda implementation and to ensure the 2025 Implementation of Various Measures to Enhance the Reg 4 Utilization of YPHP Fund addressed to ROs was Permanent Housing Project | immediate completion of HUs, we issued to enhance the utilization of YPHP Funds: (YPHP) following Typhoon reiterated with modifications the Yolanda, only 174,4"

Source Document