EXECUTIVE ORDER NO. 371

: The UARP-MO is a reconstituted and transformed office from the former ODA Absorption Office, mandated to manage and implement the urban asset reform program in the Philippines.
: The Office shall be headed by an Undersecretary.
: Its mandate is to develop the proven ideas of economist Hernando de Soto regarding the integration of formal and informal settlements into one legal system as the framework for Philippine urban asset reform.
: The Project Management Office is part of the Office of the President.
: Asset reform consists of land reform, urban asset reform, and ancestral domain reform.
: To introduce a socially accepted property system that integrates urban poor settlers into the mainstream economy, legalize their extralegal assets, and create mechanisms for productive utilization of formalized assets.
: The Deputy Executive Secretary for Finance and Administration.
: Funding comes from the savings of the former ODA Absorption Office and annual budget allocations included in the Office of the President's budget proposal.
: Tasks include conducting research and field studies, reviewing De Soto's proposals, implementing advocacy programs, preparing frameworks for estate transformation and titling, and enabling new productive ties for formalized poor owners and entrepreneurs.
: Other government departments, agencies, and instrumentalities are required to cooperate with the Project Management Office.