RepusLic oF THE PHILiPpINES (en) Department of Human Settlements and Urban Development Kagawaran ng Ponanahanang Pantao ot Pegpapouniad ng Kalunsuran MEMORANDUM CIRCULAR NO. 2 0 2 3- 0 03 Series of 2023 (January 3!___, 2023) TO : ALL CONCERNED FROM : THE SECRETARY SUBJECT : PRESCRIBING THE UNIFORM PROCEDURE AND USE OF STANDARD APPLICATION FORM IN AVAILING OF THE THE INCENTIVIZED COMPLIANCE TO THE BALANCED HOUSING DEVELOPMENT PROGRAM Pursuant to Sections 4.4 of Board Resolution No. 965, Series of 2017 as amended by Department Order No. 04, Series of 2021 authorizing the developers’ incentivized compliance mode to the Balanced Housing Development Program (Balanced Housing), in relation to Section 7 of Memorandum Circular No. 6, Series of 2020 which prescribes the procedure for the establishment of an escrow account where the developers’ incentivized compliance may be initially delivered and deposited, the following Guidelines is hereby issued. Section 1. Use of Uniform Application Form. Developers complying with the Balanced Housing through the incentivized mode shall submit a completely filled-out notarized Application Form (Annex A) to the Regional Office (RO) where the main project is located, together with all the documentary requirements provided therein. Section 2. Initial Evaluation and Indorsement. Upon determination of the completeness of the developer's required documentary submission, the RO shall proceed to compute the total project cost and the required incentivized compliance based on the submitted documents and in accordance with existing rules and regulations. Section 3. Additional Documentary Requirements. The Regional Office concerned, or the Housing and Real Estate Development Regulation Bureau (HREDRB) upon indorsement thereto in accordance with the succeeding section, may require the submission of incidental or additional documents that may be necessary for the computation of the total project cost and the required incentivized compliance. DHSUD Building, Kalayaan Avenue comer Hayaman Street, Diliman, Quezon Cty Email: info@dhsud.gov.ph BF OHSUDgovphPage 2 Section 4. Indorsement to the HREDRB for Review and Recommendation to the Secretary. Upon initial evaluation and computation, the RO shall submit to HREDRB its computation of the total project cost and the developer's required incentivized compliance, together with the documents as may be required and enumerated in Annex A hereof, as well as other documents that the RO may have additionally required. Within the prescribed period for the review thereof, HREDRB shall submit its final computation and/or recommendation to the Office of the Secretary for final approval. For strict compliance, JOSE RIZALIN' CUZAR SecretaryRepublic ofthe Philippines DEPARTMENT OF HUMAN SETTLEMENTS AND URBAN DEVELOPMENT Kagawaran ng Pananhanang Pantao at Pagpapauntad ng Kalunsuran ANNEX A APPLICATION FOR APPROVAL OF THE INCENTIVIZED COMPLIANCE OF DEVELOPERS ‘OF MAIN SUBDIVISION AND CONDOMINIUM PROJECT (Pursuant to Section 4.4 of Board Resolution 965, Series of 2017, ‘a5 amended by Department Order No. 04, Series of 2021) Name of Project Location Name of Owner/Developer Principal Address Authorized Representative — Email Address — Cellphone Number/s OO Documentary Requirements: Development Permit Notarized Fact Sheet Bill of Materials or Cost Estimate For Subdivision: For Land Development and Housing Components For Condominium: Summary of Building Construction Cost and Land Development Cost (if any) For Condominium Project, Area Tabulation Vicinity Map with reference to known/famniliar landmark Copy of the Published BIR Zonal Valuation of the Project Site at the Time of Application for the Development Permit Draft of Escrow Agreement. Thereby attest that I have personally read, filled-out, understood and signed the foregoing ‘pplication form and that all of the foregoing information, data, and submitted documents are true and correct to the best of my knowledge and have been given freely, voluntarily and without Fraudulent or deceitful intent and purpose whatsoever. 1 shall ‘also submit additional requirements as may be deemed necessary in the evaluation of the project. Printed Name and Signature Position/Designation Place and Date SUBSCRIBED AND SWORN to before me this day of year affiant exhibiting to me issued in on NOTARY PUBLIC Doc. No. Page No. —— Book No, —— Series of