Title
EXECUTIVE ORDER NO. 465
Date
Oct 3, 2005
Executive Order No. 465 amends previous directives to clarify the transfer of ownership and administration of specific properties in Fort Bonifacio to the National Housing Authority for socialized housing development, while establishing an Executive Committee to oversee implementation and funding from the National Shelter Program.
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Law Summary

Overview

Executive Order No. 465, issued on October 3, 2005, amends Executive Order No. 70 dated February 11, 2002, as previously amended, concerning the designation and administration of certain properties in Fort Bonifacio for socialized housing purposes.

Purpose and Context

  • Objective: To clarify the transfer of ownership and administration of properties designated for socialized housing and outline the roles of implementing agencies.
  • Legal Basis: The Order operates under Republic Act (RA) 7227, as amended by RA 7917, and prior Executive Orders related to the Bases Conversion and Development Authority (BCDA) and housing initiatives.

Declaration of Socialized Housing Sites

  • Designation: Certain BCDA properties in Fort Bonifacio are declared as socialized housing sites with mixed-use development.
  • Excluded Area: The Pamayanang Diego Silang (23.86 hectares) is specifically excluded from this designation and remains under BCDA's management.

• Properties Declared:

  • Lupang Katuparan (452,917 sqm)
  • Philippine Centennial Village (130,807 sqm, including 1,140 residential units)
  • BHIT Park (350,000 sqm, boundaries to be determined by BCDA)

Transfer of Ownership

  • Lead Agency: The National Housing Authority (NHA) is designated as the lead implementing agency and will acquire ownership of the identified properties.
  • Documentation: BCDA and NHA are required to execute legal documents for the ownership transfer, subject to mutually agreed terms.

• Key Provisions:

  • HUDCC must turn over all related funds and records to NHA within 60 days of the Order's effectivity.
  • NHA is exempt from charges or liabilities related to the transferred properties.

Executive Committee Creation

  • Composition: An Executive Committee is established, chaired by HUDCC and including representatives from NHA, BCDA, DENR, PCUP, DND/AFP, Taguig City LGU, and the Congressional Representative of Taguig City.

• Responsibilities:

  • Develop policies and guidelines for the implementation of the Order.
  • Define roles of agencies and organizations involved in the project.

Funding Provisions

  • Budget Formulation: NHA is tasked with creating a budget for the implementation of the Order, considering various activities related to social housing.
  • Funding Source: The twelve percent (12%) share of the National Shelter Program will finance the acquisition of properties.

• Department of Budget and Management: Responsible for ensuring funding provisions align with existing laws.

Retention of Easements

  • Easements: Properties classified as easements are retained and not available for socialized housing.

• Exclusions: Any properties not specifically included in the Order are excluded from its provisions.

Effective Date

  • The Executive Order takes effect immediately upon adoption.

Key Takeaways

  • The Executive Order No. 465 enhances the framework for socialized housing in Fort Bonifacio, streamlining ownership transfer to the NHA while establishing an Executive Committee for oversight.
  • It specifies funding mechanisms and retains certain properties under BCDA's control, ensuring a focused approach to socialized housing development.
  • The legal and administrative frameworks established aim to facilitate the efficient implementation of housing initiatives for qualified beneficiaries.

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