4PH WORKSHOP

Streamlining of DDLP-4PH Checklist of Requirements

23 November 2023
Celebrity Plaza, Quezon City
Stage 1: Prior to Loan Approval
Financial
Particulars Regular Requirements Proposed Revised Requirements/Agreements
Official Endorsement from DHSUD Retain
1

Memorandum of Agreement (MOA)/Memorandum Certificate of 4PH Project Accreditation issued by DHSUD PMO Head
of Understanding (MOU) between the partner LGU with Development Permit and Performance Bond
and Department of Human Settlement and Urban (DHSUD will provide the content and template)
Development (DHSUD) regarding 4PH Program
2 or
Tripartite Agreement between DHSUD, LGU and
Pag-IBIG Fund and Resolution of Sangguniang Bayan
/ Panlungsod / Panlalawigan (Authorizing the
Mayor/Governor to sign MOU/MOA)
Memorandum of Agreement (MOA)/Memorandum • For Privately Owned Property – MOA bipartite between LGU
of Understanding (MOU) between the & partner developer/contractor
Developer/Contractor and Local Government Unit
3 (LGU) for the 4PH Program Resolution of • For LGU Owned Property – JVA with ordinance issued by the
Sangguniang Bayan / Panlungsod / Panlalawigan LGU authorizing the proponent/LGU to use the property as
(Authorizing the Mayor/Governor to sign collateral
MOU/MOA)
List of Potential Project Beneficiaries Certification of Housing Needs issued by DHSUD Regional Director
(HQP-WLF-251) based on concerned LGU’s Local Shelter Plan
4
(at least 30% of the total number of units that will
be generated)
5 Application Letter Application Letter must be addressed to HDMF CEO
Template to be provided by HDMF to contain:

Company / Organization Profile
6
(HQP-WLF-232)
For Corporation/Partnership: Securities and
Exchange Commission (SEC) Certificate of
Registration, approved Articles of
Partnership/Incorporation and By-Laws & latest
7
General Information Sheet (GIS)
1. Applied Loan Amount
2. Project Name and Location
3. Loan Program to be availed
4. Loan Purpose (ex. Lot Acquisition, Site Development,
Construction of Units/Buildings
5. Total No. of Units
6. Selling Price of Units
Proponent to submit Resume of Key Officers/Directors and Technical
Staff (Engineers and Architects) as required in item no. 8
Retain

For Single Proprietorship: Department of Trade and

Industry (DTI) Certificate of Registration
Resume of Key Officers/Directors and Technical Transfer to item no. 6
8 Staff (Engineers and Architects)
Latest Audited Financial Statements and Income For newly created companies/proponents, to submit Audited Interim
Tax Return for the past three (3) years duly received Financial statement
9
by SEC/BIR and accompanied by an Auditor’s Report
and Certification of Accreditation of External Auditor
For Developer/Contractor Retain
Notarized Secretary’s Certificate (1 Original Copy)
with attached photocopy of Board Resolution
For LGU
10
Ordinance of Sangguniang
Bayan/Panlungsod/Panlalawigan
(Authority to Borrow, to Mortgage/Assign and
Authorized Signatory/ies)
11 Authorization to Conduct Investigation to Retain
Bank/Financial Institution (HQP-WLF-234)
 Authorization to Conduct Verification to Suppliers
(HQP-WLF-235)
Marketing Collaterals for purposes of presentation
12 (Colored Perspective, Colored Floor Plans of each
house/unit model, latest pictures of the project)
Proponents to submit soft copies of Project Perspective/Conceptual
Plans for purposes of presentation (Colored Perspective, Colored
Floor Plans of each house/unit model, latest pictures of the project)

13 Projected Cash Flow Retain

If project proponent is a Contractor (additional) Retain
Philippine Contractors Accreditation Board (PCAB)
14
License
(1 Certified True Copy)
If project proponent is an LGU (additional) Retain
Certificate of Net Debt Service Ceiling and Borrowing
15 Capacity issued by the Bureau of Local Government
Finance (BLGF)

If project proponent is a Joint Venture Entity Retain

Company/Organization Profile (HQP-WLF-232) of the
Joint Venture
Company/Organization Profile (HQP-WLF-232) of
16 each of the Joint Venture entity/partner
SEC Registration
Notarized Joint Venture Agreement (JVA)
Bureau of Internal Revenue (BIR) Certificate of
Registration

Technical
Particulars Regular Requirements Proposed Revised Requirements/Agreements
1 Duly accomplished Project Profile (HQP-WLF-233) Retain
OCT/ TCT & Two Traceback Titles Retain

Transfer from item nos. 5 and 6

 If project site is owned by the LGU - Ordinance of Sangguniang

Bayan / Panlungsod / Panlalawigan for the
2
provision/identification of the land that will serve as the project
site of the housing project

 If project site is owned by third-party owner: Agreement with

a third-party owner for the provision/identification of the land
that will serve as the project site of the housing project
Latest Tax Declaration Retain
3
Project Perspective and Plans (duly signed and • Proponent to only submit Project Perspective and
sealed by a Licensed Engineer/Architect. If not yet Architectural Plans (duly signed and sealed by a Licensed
approved by regulatory bodies, shall be Engineer/Architect) for initial evaluation to determine
accompanied by an official Construction Costings
conformity/endorsement from DHSUD)
- Land Development Plans with Vicinity/Location
Plan
4
- House/Building Plans (duly signed and sealed by
a Licensed Engineer/Architect)
- Bill of Materials & Specifications (duly signed
and sealed by a Licensed Engineer/Architect)
each for the Land Development Construction,
Construction of each House Models and
Building Construction
If project site is owned by the LGU - Ordinance of Transfer to item no. 2
Sangguniang Bayan / Panlungsod / Panlalawigan for
5
the provision/identification of the land that will
serve as the project site of the housing project
 If project site is owned by third-party owner: Transfer to item no. 2
Agreement with a third-party owner for the
6
provision/identification of the land that will serve as
the project site of the housing project

Stage 2: Requirements prior to signing of Loan Agreement

Particulars Regular Requirements Proposed Revised Requirements/Agreements
Original Copy/Certified True Copy of the  To delete this section with the assumption that all documents
Requirements submitted upon loan application submitted in Stage 1 up to Stage 3 are original or CTC copies
mentioned above
1
NOTE: For the complete set of House/Building Plans  To replace this item with:
and Land Development Plans it must be approved by Mutually agreed Cash Flow (HDMF & Proponent)
regulatory bodies.
Plans duly signed and sealed by a Licensed Retain
Engineer/Architect
- Complete Set of Approved Land
Development Plans with Vicinity/Location
Plan
2
- Complete Set Approved Building Plans
- Bill of Materials & Specifications
Land Development Construction,
Construction of each House Models and
Building Construction
BAR Chart/Construction Schedule Retain
3
(duly signed by Engineer/Architect)
AITECH Certification (if applicable) Retain
4

Stage 3: Requirements prior to Initial Loan Release

Particulars Regular Requirements Proposed Revised Requirements/Agreements
1 If the property can serve as collateral for the loan: Retain
 1.1. Transfer Certificate of Titles
(TCTs)/Condominium Certificate of Titles (CCTs)
under the name of the proponent/borrower of
subject property/ies with annotation of Real Estate
Mortgage with Assignment of Takeout Proceeds,
and Affidavit of Mortgagee Bank (1 Owner’s
Duplicate Copy)
1.2. Duly Notarized Real Estate Mortgage with
Assignment of Takeout Proceeds with Registry of
Deed (RD) stamp (1 Original Copy)
1.3. DHSUD’s Affidavit of Mortgagee Bank with
Registry of Deeds (RD) stamp (1 Original Copy)
1.4. Clearance to Mortgage from DHSUD (1 Certified
True Copy)
If the property cannot serve as collateral for the Retain
loan (For LGU only):

2.1. Deed of Assignment of Internal Revenue

Allotment in favor of Pag-IBIG Fund with the
conformity of the Department of Budget and
2
Management (1 Original Copy)
and
2.2. Deed of Assignment of Receivables, Rental
Payments and Other Income from its commercial
concessions in favor of Pag-IBIG Fund (optional) (1
Original Copy) (if any/applicable)
Duly Notarized Loan Agreement (1 Original Copy) Retain
3
4 Duly validated pre-qualified Project Beneficiaries Retain
(HQP-WLF-251)
(at least 30% of the total number of units that will
be generated and 80% must be Pag-IBIG Fund
members) (1 Original Copy)
and
 Duly accomplished Buyer Confirmation Form
(HQP-WLF-252) of each project beneficiary
(1 Original Copy)
License to Sell (LTS) (1 Certified True Copy) Retain
5
Certificate of Registration (COR) (1 Certified True
Copy)
Master Deeds with Declaration of Restrictions HDMF to accept Master Deeds with Declaration of Restrictions
stamped received by Registry of Deeds (for stamped received by DHSUD not the Registry of Deeds
6
condominium project) (1 Certified True Copy)

Verified Survey Return (VSR) Retain

7
(duly approved by the Bureau of Lands)
Notice of Borrowing (NOB) (1 Original Copy) Retain
8
Duly notarized Promissory Note with Documentary
Stamp payment (1 Original Copy)

Stage 4: Requirements prior to Subsequent Loan Release

Particulars Regular Requirements Proposed Revised Requirements/Agreements
Notice of Borrowing (NOB) (1 Original Copy) Retain

1 Duly notarized Promissory Note with Documentary

Stamp payment
(1 Original Copy)
To add following item:
2 The remaining pre-qualified project beneficiaries to complete the
required 115% shall be validated upon 50% project completion