Question & AnswerQ&A (EXECUTIVE ORDER NO. 840)
The purpose of Executive Order No. 840 is to declare a 1,551.1416-hectare property in San Miguel, Bulacan as a housing site for government employees and a relocation site for informal settler families, especially those affected by Typhoon Ondoy and other future catastrophes.
The Department of Finance (DOF), Bangko Sentral ng Pilipinas (BSP), National Housing Authority (NHA), and Manila Banking Corporation (MBC) were involved in the Memorandum of Agreement.
The property is subdivided as follows: 300 hectares for the Armed Forces of the Philippines (AFP), 300 hectares for the Philippine National Police (PNP), 300 hectares for teachers, 300 hectares for other government employees, and the remaining 351.1416 hectares for informal settler-families living in danger areas.
The Bangko Sentral ng Pilipinas (BSP) and the Department of Finance (DOF) are required to execute the necessary instruments to transfer ownership to the NHA within thirty (30) days from the effectivity of the Executive Order.
The National Housing Authority (NHA) is the administrator of the housing site and is responsible for its development and administration.
The NHA, together with the Department of Budget and Management, shall secure the budget allocation. Additionally, the AFP, PNP, and Department of Education (DepEd) shall provide funds from their respective savings for site development cost and other logistical requirements.
An Executive Committee is created, composed of the General Manager of NHA as Chairperson and representatives from the Department of Social Welfare and Development, Housing and Urban Development Coordinating Council (HUDCC), AFP, PNP, and DepEd as members.
The Executive Committee is tasked to formulate policies related to qualification of beneficiaries, lot pricing or payment schemes, and other important policies for the order’s effective implementation.
EO No. 840 includes a separability clause stating that if any portion or provision is declared unconstitutional, it shall not nullify other parts of the order as long as those remaining portions can still be given effect.
EO No. 840 took effect immediately upon its signing on October 23, 2009.