Lak-K Builders Co.

April 5, 2016 BIR RULING NO. 107-16 RA 7279; BIR Ruling No. 127-2015 Lak-K Builders Co. Units 606 & 609 Jocfer Bldg. Commonwealth Avenue, Quezon City Attention: Michael Angelo F. Kallos Vice President/General Manager Gentlemen : This refers to your letter dated May 29, 2015 requesting, on behalf of LAK-K BUILDERS CO., tax exemption on the low-cost housing project, San Jose Del Monte Heights Resettlement Site (Expansion Area) , located in Brgy. Muzon, San Jose Del Monte City, Bulacan, pursuant to Republic Act (RA) No. 7279, otherwise known as the "Urban Development and Housing Act of 1992". Documents submitted show that LAK-K BUILDERS CO., with Tax Identification Number 007-191-150-000, is a General Partnership duly registered with the Securities and Exchange Commission (SEC) with SEC Registration No. PG200818704; that it is a real property developer habitually engaged in the business of developing and constructing housing subdivisions; that LAK-K BUILDERS CO. is the registered owner of the following lots, selected and identified by the various Local Government Units and favorably endorsed by the City Government of San Jose Del Monte as the permanent resettlement site of the 2,000 informal settler families (ISFs): TCT No. Covered by the Sale Area (sq.m.) 040-2015013716 1 6,363 040-2015013717 2 32,841 Total 39,204 ====== On September 9, 2013, a Contract Agreement 3 was entered into by and between LAK-K BUILDERS CO. and San Jose Del Monte Heights Homeowner's Association, Inc., (SJDMHHOAI) a homeowner's organization registered with the Housing and Land Use Regulatory Board (HLURB) with Registration No. 19247, whereby LAK-K BUILDERS CO. has agreed to sell to SJDMHHOAI's individual members 4 the developed lots, including the completed housing units thereon under the Community Initiative Approach Program (CIAP) of the National Housing Authority (NHA) (TIN 000-916-384-000) for Two Hundred Forty Thousand Pesos (P240,000) 5 for every developed lot and completed housing unit per family. On October 16, 2013, a Memorandum of Agreement (MOA) was executed by and among LAK-K BUILDERS CO., as the landowner/developer/constructor, the members of SJDMHHOAI, as the beneficiaries, and the NHA, as the lead agency in the implementation of the National Resettlement Programs of the government for Fiscal Year (FY) 2013, to ensure the timely, peaceful and orderly relocation and resettlement of the informal settler families living in danger areas, affected by calamities and those affected by the clearing of waterways, esteros and infrastructure projects of the government in Metro Manila. Under the MOA, members of the SJDMHHOAI who are qualified for NHA financing shall be provided by the NHA with a financial grant through the CIAP under the National Resettlement Program of the government for FY 2013 in the amount not to exceed One Hundred Fifteen Thousand Pesos (P115,000.00) per lot per family and One Hundred Twenty Five Thousand Pesos (P125,000.00) per housing unit, respectively. On March 20, 2015, LAK-K BUILDERS CO. and the NHA executed a Deed of Absolute Sale whereby the former transferred and conveyed to the latter a portion of the lots covered by TCT Nos. 040-201513716 and 040-201513717, particularly an area of Twenty Five Thousand Two Hundred Twenty Two (25,222) square meters, more or less, consisting of Six Hundred Fourteen (614) developed lots under Batch 03-2015 for a total consideration of Seventy Million Six Hundred Ten Thousand Pesos (P70,610,000.00). ASEcHI In reply, please be informed that pursuant to Sections 19 and 20 of Republic Act (RA) No. 7279, pertinent portions of which state that: "Sec. 19. Incentives for the National Housing Authority. The National Housing Authority, being the primary government agency in charge of providing housing for the underprivileged and homeless, shall be exempted from the payment of all fees and charges of any kind, whether local or national, such as income and realty taxes. All documents or contracts executed by and in favor of the National Housing Authority shall also be exempt from the payment of documentary stamp tax and registration fees, including fees required for the issuance of transfer certificates of title. "Sec. 20. Incentives for Private Sector Participating in Socialized Housing. To encourage greater private sector participation in socialized housing and further reduce the cost of housing units for the benefit of the underprivileged and homeless, the following incentives shall be extended to the private sector: xxx xxx xxx "(d) Exemption from the payment of the following: (1) Project-related income taxes; (2) Capital Gains Tax; (3) Value-added tax for the project contractor concerned;" the landowner/developer of properties who sells its properties for use in a socialized housing project is exempt from the payment of the capital gains tax and project-related income taxes. Such being the case, the sale of 614 developed lots under Batch 03-2015 on the Twenty Five Thousand Two Hundred Twenty Two (25,222) square meters portion of lots covered by TCT Nos. 040-201513716 and 040-201513717, made by LAK-K BUILDERS CO. in favor of the NHA is exempt from capital gains tax, project-related income taxes and consequently from withholding (BIR Ruling No. 127-2015 dated April 17, 2015) Moreover, pertinent portions of Revenue Memorandum Circular (RMC) No. 42-01 dated October 5, 2001, provide, viz. : xxx xxx xxx A. National Housing Authority (NHA) The NHA, being the primary government agency in charge of providing housing for the underprivileged and homeless citizens shall be exempted from the payment of the following national internal revenue taxes: (1) . . . (2) Documentary stamp tax on sales transactions executed by and in favor of the NHA in connection with socialized housing projects. Since Section 19 of R.A. 7279 exempts "all documents or contracts executed by and in favor of the NHA," the exemption from documentary stamp tax extends to the other party (either seller or buyer) that is dealing or transacting with the NHA. xxx xxx xxx The exemption from the documentary stamp tax of NHA, in connection with any of its socialized housing projects, extends to the other party (either seller or buyer) that deals or transacts with the NHA. Consequently, since NHA is a party to the sale, no documentary stamp tax shall be due on such sale, either on NHA or the party with which NHA is transacting. Accordingly, the transfer by LAK-K BUILDERS CO. to NHA of the 614 developed lots under Batch 03-2015 on the Twenty Five Thousand Two Hundred Twenty Two (25,222) square meters portion of lots covered by TCT Nos. 040-201513716 and 040-201513717, is exempt from the payment of documentary stamp tax under Section 196 of the Tax Code of 1997, as amended. (BIR Ruling No. 127-2015 dated April 17, 2015) Moreover, pursuant to Section 20 (d) (3) of RA 7279, the sale of a socialized housing as defined therein shall also be exempt from the payment of value-added tax (VAT). Relative thereto, Section 4.109-1 (B) (1) (p) (3) of RR No. 16-2005 states that: "Section 4.109-1. VAT-Exempt Transactions. (A) In general. "VAT-exempt transactions" refer to the sale of goods or properties and/or services and the use or lease of properties that is not subject to VAT (output tax) and the seller is not allowed any tax credit of VAT (input tax) on purchases. ITAaHc xxx xxx xxx (B) Exempt transactions. (1) Subject to the provisions of Subsection (2) hereof, the following transactions shall be exempt from VAT: xxx xxx xxx (p) The following sales of real properties are exempt from VAT, namely: xxx xxx xxx (3) Sale of real properties utilized for socialized housing as defined under RA No. 7279 , and other related laws, such as RA No. 7835 and RA No. 8763, wherein the price ceiling per unit is P225,000.00 or as may from time to time be determined by the HUDCC and the NEDA and other related laws. . . . ." Furthermore, pursuant to HUDCC Resolution No. 1, Series of 2013, promulgated on October 16, 2013 approving the adjustment of price ceiling for socialized housing, and as circularized by Revenue Memorandum Circular No. 35-2014, pertinent portion of which reads: "THEREFORE BE IT RESOLVED, AS IT IS HEREBY RESOLVED that the price ceiling for horizontal socialized housing be adjusted from P400,000.00 to P450,000.00." thus, beginning December 18, 2013, 6 the newly adjusted price ceiling of P450,000.00 for horizontal socialized housing shall apply to sale of real properties utilized for socialized housing, as defined under R.A. No. 7279 otherwise known as "Urban Development and Housing Act", and other related laws such as R.A. No. 7835 otherwise known as the "Comprehensive and Integrated Shelter Financing Act of 1994," and R.A. No. 8763, otherwise known as the "Home Guaranty Act of 2000". Likewise, Section 2 of R.R. No. 17-2001 provides: "Section 2. Definition of Terms. As used in these Regulations, the following terms shall have the following meaning: xxx xxx xxx "A socialized housing unit shall not exceed P150,000.00 (now P450,000.00 per HUDCC Resolution No. 1, Series of 2013, promulgated on October 16, 2013) for a house and lot package, subject to periodic adjustment or increase as the Housing and Land Use Regulatory Board (HLURB) may effect from time to time. In the case of sale of homelots only, the price shall not exceed forty percent (40%) of the maximum limit prescribed for the house and lot package." Thus, the sale by LAK-K BUILDERS CO. to NHA of home lots valued at One Hundred Eighty Thousand Pesos (P180,000.00) and below, and house and lot packages valued at Four Hundred Fifty Thousand Pesos (P450,000.00) and below on its San Jose Del Monte Heights Resettlement Site (Expansion Area) , shall be exempt from VAT. However, its purchases of goods/articles shall be subject to VAT, even if the said purchases are to be used for the socialized housing project, since VAT is an indirect tax which can be passed on by the seller of the goods/services. Moreover, it shall be understood that LAK-K BUILDERS CO. must issue non-VAT official receipts on its gross receipts from the said socialized housing project. (BIR Ruling No. 351-12 dated May 21, 2012) Upon application for exemption, a lien on the title of the subject parcel of land shall be annotated by the Register of Deeds having jurisdiction over the property, to the effect that the same is to be applied or is being applied to a socialized housing project pursuant to RA 7279. Please take note that this ruling is never intended and shall not be construed as giving authority to the concerned Register of Deeds to effect the transfer of the title in the name of the buyer without the necessary certificate of authority to register issued by this Bureau. In this regard, this ruling shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the Certificate Authorizing Registration (CAR) after the submission of the requirement provided under RMO 15-2003. This ruling is being issued on the basis of the foregoing facts as represented. However, if upon investigation, it will be disclosed that the facts are different, then this ruling shall be considered null and void. CHTAIc Very truly yours, (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue ATTACHMENT LOCATION: SAN JOSE DEL MONTE HEIGHTS BRGY. MUZON, CSJDM, BULACAN DEVELOPER: LAK-K BUILDERS CO. 614 DEVELOPED LOTS Name of Beneficiaries No. Last Name First Name Middle Name 1 Boquiren Joselito Alasco 2 Rosialda Jekie Rosello 3 Faraon-Boquiren Ma. Dominga Vinuya 4 Alarde Virgilio Mercader 5 Boquiren-Amidao Jellyn Tagalog 6 Nolasco Antonio Sacamay 7 Miranda Larry Macatbag 8 Alimo-Ot Genevieve Millanes 9 Mahilum Jennifir Talisic 10 Suacillo Leonardo Remojo 11 Danieles-Galvez Martinieta Posadas 12 Go Jolly Lopez 13 Brigino Raymond Cruz 14 Alimpipinig John Rey Jain 15 Boquiren-Frias Carmelita Alasco 16 Ortigas Ruth Ann Padua 17 De Luna Maria Cristina Boquiren 18 Zamora Jose Magpayo 19 Boquiren Agustino Alasco 20 Silagan Wenie Pascual 21 Gray-Genecera Marilou Villares 22 Guevarra Christopher Salunoy 23 Cosme Anna Rina Caunca 24 Elenon Jorge Jr. Buyain 25 Bertulfo Ronilo Lopez 26 Remulta Jeype Casas 27 Dealdo Rominaldo Falcis 28 Iligan Ma. Luisa Cabia 29 Enriquez Mary Rose Caubalejo 30 Engag Manilyn Ayala 31 Lopez Arnold Sudario 32 Carreon Zoilo David 33 Baloran-Quintua Ma. Rowena Rose Sumait 34 Jemenez Mitchel Fuertes 35 Baes-Vasquez Raquel Castillo 36 Raza Lucita Palermo 37 Ranjo Rosemarie Agana 38 Aquino Virgie Salazar 39 Gabisay Marieta Suson 40 Gastalla Josephine Tulfo 41 Magno-Sebogon Ditas Leysa 42 Carian Nonito Capambe 43 Sebogon Jeffrey Magno 44 Valera-Paule Julieta Bondoc 45 Manlangit Cecilio Jr. Tello 46 Vincoy Josephine Maturan 47 Abarera Arjay Ani 48 Bolocboloc-Dalaguit Vita Caballero 49 Tabirao Eduardo Luzares 50 Estocado Rogelio Guba 51 Vega Michael Ursua 52 Manguyan Hazel Rodriguez 53 Escolta Ramon Aguilar 54 Espinosa Michelle Esmeralda 55 Rayna-Lili Helen Chua 56 Dela Cruz Erwin Silva 57 Taa-Amorin Mary Joy Rotone 58 Guarino Resty Dalida 59 Rosalejos Judith Taladro 60 Labramonte Eniego Zamora 61 Castroverde Julie Ann Inamac 62 Lavarro Reagan Nolasco 63 Esplago Jovigildo Gregorio 64 Patiluna Ivy Grace Patria 65 Agan Ebar Hatague 66 Renegado-Marbon Arvy Hachac 67 Buenaventura King Opiniano 68 Pesimo Maribel Ismarin 69 Bernal Bryan Roger Leyva 70 Espiritu Reynaldo Jr. Areola 71 Villamor Adralin Gaitero 72 Sebuguero Ron Baduria 73 Reyes Carlos Esmarin 74 Havana Jimster Petronilo 75 Dugan Ardie Reambonanza 76 Carmelo Rufino Jr. Ledesma 77 Gaytano Clifford Amar 78 Reyes Crisanto Esmarin 79 Gordero Danilo Reambonanza 80 Dy Guaso Joseph Sampane 81 Reambonanza-Gorpedo Nenita Mercado 82 Mogate Jose Emmanuel Acha 83 Ciocson Chito Rafols 84 Sarmiento Reuben Carl Sabino 85 Hipolito Rhoda Bitagcol 86 Caventa Mary Candie Boyore 87 Perez Wilfredo Somera 88 Pascual Pamela Rose Llego 89 Molino Pablo Reyvas 90 Dela Torre Teodoro Alisna 91 Corpuz Jerry Sumbito 92 Ador Mark James Mejia 93 Hipolito Edgar Bitagcol 94 Lingatong Arnel Coreses 95 Hipolito Aries Bitangcol 96 Esposo Daniel Jr. Buella 97 Olden Juden Bron 98 Esposo Mischelle Buella 99 Reambonanza Rosita Mercado 100 Gabriela Norberto Machate 101 Lejero Antonio Jr. Valencia 102 Gabriela Nycel Marie De Venecia 103 Baccay Joseph Garcia 104 Sonio Jimmy Dela Cruz 105 Conde Ronelo Sanchez 106 Ramirez Romnick Salvado 107 Tesoro Ronald Laureta 108 Salubre Jonathan Asis 109 Polo Junrey Lagaran 110 Fabillar Perlita Olis 111 Espiritu Marcial III Capagalan 112 Casimero Teofisto, Jr. Suclan 113 Nuez Wilfredo Baguio 114 Romero Mavie Mejica 115 Timola Ronel Villegas 116 De Grano Adonnis Medrano 117 Montecillo Leo Nunez 118 Jamora Lamberto Tibay 119 Gerado Raul Nabalos 120 Amadore-Romero Aida Titoy 121 Espinosa Ronilo Casiano 122 Salvador Jhosel Faller 123 Zoilo-Pacay Rosenda Ramboyong 124 Molmisa-Golfere Annaliza Sandot 125 De Jesus Joel Barangas 126 Saez Mary Rose Siena 127 Picardal Tamel Jr. Anion 128 Brillante Marry Jane Aragones 129 Diamos Manuel Dilao 130 Soriano-Vallejo Jocelyn Bristol 131 Baguio-Timola Natividad Molito 132 Castillo Evelyn Laqui 133 Timola Juan Sr. Aldave 134 Marco-Morgia Divina Nierva 135 Mariano Joaquin Lamoste 136 Judah Richard Tejares 137 Reyes Phillip Valmonte 138 Serrano Jesus Altoveros 139 Alejandro Eduardo Gordo 140 Ferrer Edna Dizon 141 Bernal Vicente Taperla 142 Jamora Kevin Gelacio 143 De Paz Eufemio Monzor 144 Lucion Joseph Bonbon 145 Caalim Julius Juanica 146 Caruz-Lanojan Rebecca Sariana 147 Caalim Eduardo Jr. Jamangal 148 Zipagan Gil Liaban 149 Pagsugiron Librada Padirog 150 Siangco Pablo Mahusay 151 Langub Rhodel Marlo Quimpan 152 Irenea-Dereza Rosalie Delos Reyes 153 Tidalgo Ronnie Olaquer 154 Dela Pena Junie Paulo 155 Diate Epifanio Jr. Lawag 156 Colaljo-Asaytono Marilou Goc-Ong 157 Mariano-Diate Lilian Abenir 158 Flores Marvin Dalanon 159 Pastrana Victor Dalida 160 Flores Jomar Dalanon 161 Ollodo Johnrey Gonzales 162 Benipayo Delia Dioso 163 Romero Joydee Sano 164 Benipayo Jayson Dioso 165 Romero Janine Eisbonn Amadore 166 Evasco Arnold Balajadia 167 Celino-Laban Mary Cris Dinglasa 168 Gelongo Misael Beltran 169 Ofanda-Licup Anuncia Basilides 170 Tayam Andrian Belano 171 Mendoza Roberto Castro 172 Lorenzana Sandey Guillermo 173 Marcelo Ronaldo Beyo 174 Santiago-Valdez Shirley Igat 175 Licup Elmer Amaro 176 Rellon-Cenabre Cesil Asarez 177 Ramirez-Guban Marilyn Calpito 178 Adela Catherine Sanchez 179 Villegas Analyn Pepito 180 Adela Lanie Sanchez 181 Licup Michael Cortes 182 Adela Marifer Sanchez 183 Laguidao Marlo Cea 184 Teodoro Dante Adalla 185 Jalique Ana Lina Parreras 186 Calibuso Juanito Habon 187 Bustarde Jennifer Mahinay 188 Riego Alfonso Jr. Cuadra 189 Deocareza-Santos Cecilia Magdalena Maranag 190 Villablanca Jose Misa 191 Palomo Arvin Amio 192 Meniano Pedro Jr. Malbueso 193 Dela Pea Asuncion Manimtim 194 Sabando Danilo Carson 195 Calibuso-Soberano Zenaida Gutierrez 196 De Paz-Asiao Jonalyn Apondar 197 Vega Alfredo Reano 198 Apondar-De Paz Elena Rapaja 199 Manggaya Rolando Tijares 200 Ecija Norma Ramasasa 201 Fernando Boyet Ventura 202 Ecija Benedick Ramasasa 203 Etol Rogelio Jr. Batuhan 204 Minor Ediser Jr. Esperanza 205 Yamongan-Dadula Pinky Sy 206 De Paz Michael Macapanas 207 Mejia Manuel De Guzman 208 De Paz Ronald Macapanas 209 Junio Ronald Calaunan 210 Fernandez Jesus Cabudoc 211 Clarito Roberto Jr. Juganap 212 Beri Christian Elumba 213 Colipano Jun Rey Malay 214 Macapanas Christ Abringe 215 Verano Restituto Jr. Cabog 216 Manozo-Danao Marilou Brazil 217 Agtoto Nixon Celiz 218 Vegas Zaldy Cerneches 219 Almonia Basilio Jr. Perez 220 Castillo Glicerio Pascual 221 Evangelio Robert Cabral 222 Lapada Eduardo Sales 223 Madroo Jeser Pasa 224 Hermocilla Allan Lumagbas 225 Bernal Domingo Taperla 226 Lamosa Romeo Jr. Rombla 227 Luteria Grace Balita 228 Lamosa Marvin Rombla 229 Gonzaga-Pagad Elyn Garan 230 Castaneda Jessie Boy Tan 231 Clemente Rodel (NMN) 232 Malto-Galicia Mercedes Pacion 233 Cabanero Rolando Jr. Encarnacion 234 Santos Efrenio Mugas 235 Alvarado Amancio Andres 236 Nisola Jefry Tolendres 237 Gongob Enel Bong Lungtad 238 Bremen Ryan Paras 239 Blasico Gerry Padernilla 240 Gutierrez-Nuesca Emilia Capinig 241 Olipendo Lino Bolvider 242 Espinosa Ronnel Gojar 243 Paguyo Ernesto Abenio 244 Libramonte Eric Francisco 245 Sembrano-Pillado Cherry Andres 246 Laplana-Brillante Delia Palmares 247 Manguba Jonalyn Sagmit 248 Teodoro Edgardo Alban 249 Manguba Corazon Sagmit 250 Faller Albert Evangelista 251 Ildefonso Renmil Aaron Yap 252 Evasco-Cerera Susana Balajadia 253 Baliguas Ma. Dhonna Mae Serva 254 Sayco Arnel Concepcion 255 Gonzales Anthony Aligado 256 Dineros Anna Rose Bremon 257 Calilong-Mangaya Violeta Palaminiano 258 Bermen-Dineros Amalia Paraz 259 Cadille Nicolas Alexander Entero 260 Santos Randy Valdez 261 Adajar Inocencio Jr. Perlas 262 Reyes Noel Lacanilao 263 Garcia Angelo Quitoriano 264 Silva Ronilo Casapao 265 Buscano Genaro Ada 266 David-San Antonio Teresita Dela Cruz 267 Mataquel Miguel Buaya 268 Sese Jerome (NMN) 269 Borja Virgilio Concepcion 270 Sese Sherwin John Fernandez 271 Calibuso Allan Pison 272 Palma Zenaida Molina 273 Riano Pablo Jr. Santos 274 Pascual Richard Dela Cruz 275 Calibuso-Reyes Corazon Habon 276 Sy Jimmy Uddon 277 Bacera Angelito Peralta 278 Hortilano Jesus Belmonte 279 Sevilla-Pagandahan Susana Ceballos 280 Naubo-Unarse Mylah Nayengyeng 281 Sese Oliver Abejuela 282 Bona Vernardino Sese 283 Maceda Angelo Cinco 284 Magayanes Nathalie Balano 285 Diaz Judy Deocampo 286 Bias James Russel Montecalvo 287 Ocon Edwin Plamer 288 Cortil-Telan Melanie Nitura 289 Santos Alvin Waje 290 Somido Jofel Hidalgo 291 Arcilla Gregorio Sancha 292 Sialana Andres Espaa 293 Galleno Randeur Vic Perez 294 Fontanilla-Pinto Maria Cristina Dela Torre 295 Gappe Victor Jr. Ciballos 296 Cabahug Elvis Briones 297 Bautista Virginia Narciso 298 Perez Allan Robin Lampanizo 299 Mayan Ferita Daus 300 Domingo Maricel Constantino 301 Macomao Benhor Jr. Balhon 302 Estifanio Gaudencio Jr. Daet 303 Astada Joel Carrion 304 Canonigo Arline Maputol 305 Villares-Maxilum Emilia Francisco 306 Macabatao Erwin Bitara 307 Colina-Usi Mercedita Sarabia 308 Madid Nasif Macarampat 309 Eusebio Amayo Hernandez 310 Macarampat-Dilabacun Raisalam Ampuan 311 Macapagal Elizardo Acbo 312 Abogadil-Tumaca Emily Ardiente 313 Gardoce Arnold Llagono 314 Villa De Gracia-Tapian Zenaida Cabalquinto 315 Montero Jenefer Caballero 316 Abogar-Candole Evie Pacheca 317 Montero Franco Caballero 318 Amora Ricky Cabug 319 Lazaro Francis Layo 320 Recites Domingo Catamping 321 Palomar Darry Buhayan 322 Laada Lorna Guanzon 323 Asia Patrick Jim Victoria 324 Laada Dindo Guanzon 325 Lectana Pedro Tendido 326 Laada Danilo Guanzon 327 Laada David Guanzon 328 Pareja Ricardo Perando 329 Supan Marvin Erwin Miranda 330 Baquiran Jocelyn Robles 331 Pascual Romegio Jr. Salmorin 332 Tayug-Pelayo Imelda Sallego 333 Alcoreza Madelyn Dizon 334 Corro Michael Popelo 335 Moza Ramil Trinidad 336 Aurigue Christine Charmaine Andam 337 Yago Raymundo Cabanela 338 Cajodo Leomar Galedo 339 Sapul Larry Montilla 340 Espineda Jerry Osorio 341 Serilla Jimson Siares 342 Simangan-Furigay Carmelita Elchico 343 Jose Catherine Ignacio 344 Blasquino Samuel Galoy 345 Dieta John Judiadan 346 Morin Recel Melquiades 347 Riano Bobby Refil 348 Morin Roderick Melquiades 349 Lagonoy Edwin Caubang 350 Morin Rino Melquiades 351 Javier Philip Peralta 352 Vendigacion Annie Pesebre 353 Lim Michael Oliver Palma 354 Echin Ronnie Padulaga 355 Montes Jude Mascardo 356 Peralta Joven Pulga 357 Esguerra Jefferson Ramos 358 De Chavez Ajerico Navia 359 Esmundo Wenceslao Javier 360 Ramalla Samuel Mangaro 361 Reyes Rodel Lacambra 362 Crisostomo Kenneth Espinosa 363 Diaz-Abargos Sixta Marquez 364 Crisostomo Paula Camille Alcantara 365 Olazo Ricky Amil 366 Carmelo-Avendao Mercedes Bodea 367 Ortiz Oliver Fusana 368 Avendao-Espayos Arcelyn Carmelo 369 Villanueva Leo Tolentino 370 Figueroa-Valentino Evelyn Destajo 371 Vista Ismael Damian 372 Adame Adelson Salalila 373 Alcantara Areli Jr. Dela Pea 374 Sandoval-Beldad Marites Bedoledo 375 Felix Isagani Paet 376 Malabao-Inamac Delia Taladro 377 Pascual Zandro Dela Cruz 378 Lopez-Amper Loreta Pajardo 379 Mortefero-Labaclado Evelyn Balando 380 Tatlonghari Reynaldo Anghag 381 Quinagutan Riza Macalalag 382 Goez Riel Gimena 383 Elsisura Ramil Banzon 384 Projella Josephine Calagos 385 Razalan Jay Bon 386 Ecleo Jason Igong Igong 387 Gutierrez Alvin Dabela 388 Santiago Richard Erickson Magana 389 Cayanan Guillermo Pasco 390 Juliano Joseph Jr. Ricafrente 391 Lampios Jonathan Suplay 392 Valenzuela Marlon Fernandez 393 Lampios Joel Suplay 394 Sese-Soto Perlita Carpio 395 Pascual Ronald Dela Cruz 396 Suyat Emma Reyes 397 Matamis Flaviano Fabro 398 Catamin Elmer Velleza 399 Rafil-Gonzales Merly Basal 400 Orenze-Gonzales Victoria Valdez 401 Suyat Alvin Rey Tomelloso 402 Valdez Erickson Cunanan 403 Bilog Manuel Carbonel 404 Fuentes Wenifredo Espela 405 Magluyan Arthur Zamora 406 King-Manalo Rosalie Rebadulla 407 Deloria Federico Jr. Amores 408 Garcia Ruel Pujeda 409 Capones Danilo Famularcano 410 Dejarme Joavasan Cadorniga 411 Bolaos Marcelino Dolosa 412 Nisola Rodel Briones 413 Egonio Edilberto Musa 414 Asuncion Manuel Soriano 415 Gambot Roderick Paas 416 Reyes Carlos Espea 417 Villegas Ernesto Gallego 418 Hisanan Lenny Suropia 419 Asuncion Robert Soriano 420 Riano-Pugao Zenaida Santos 421 Lopez Joanna Carla Bantay 422 Vasquez-Bautista Fannie Ramirez 423 Villanueva Daryl Alexandra Lleno 424 Tagab Maria Victoria Zapatos 425 Dacayan Gilbert Soriano 426 Bautista Bonifacio Rapacon 427 Sarmiento Benjamin Betos 428 Bautista-Chan Evangeline Rapacon 429 Benolirao Vivian Padiernos 430 Galindo Crispin Romin 431 Viernes Rex Balisi 432 Matugas Ramil Pacquiao 433 Cuntapay Rhodel Balabbo 434 Reyes Alejandro Saldivar 435 Malsi-Caa Gladys Dayag 436 Cavanero Benjie Tejero 437 Sta. Cruz Marvy Rose Ann Dayag 438 Diampon Joven Obenza 439 Malabayabas George Magparangalan 440 Jenon Julito Torno 441 Lacena Roderic Nite 442 Dela Cruz Teresita Ballangca 443 Malabayabas Eusebio Magparangalan 444 Santos Edison Castro 445 Godinez-Nalam Enriquita Doble 446 Dela Cruz Robert Mendoza 447 Redingco-Andres Richelle Junsay 448 Naron Jonathan Cunanan 449 Lejesta-Vanzuela Jennifer Sajol 450 Lazaro Florencio Jr. Magno 451 Casilao-Bolastig Carla Cajepe 452 Sacare Brian Rabor 453 Real Joseph Race 454 Flores Ruperto Tiongson 455 Bodis Roberto Blanza 456 Palado Joel Sr. Balili 457 Llarves Renato Nocete 458 Gumila Elisar Beron 459 Abrigo Lamberto Jr. Licas 460 Fajardo Policarpio Redota 461 Nini Isidro Gonzales 462 Tanierla Arnel Ulgasan 463 Abiera Emmanuel Juanitas 464 Zabal Judy Villorente 465 Agopitac Roger Alameda 466 Macatigos-Calipes Alicia Formarejo 467 Becerra Virgilio Ampo 468 Dela Cruz Romel Zuniega 469 Arabiana Emie Pinoliad 470 Labay Joselito Jr. Montealegre 471 Pepito Cresilda Roylan 472 Seterra John Albert Arzaga 473 Gastardo Joebert Luzgapa 474 Salvatiera Rodrigo Oligo 475 Camino Vivian Kabingue 476 Lurot Conrado Calamba 477 Gante Christopher Cancino 478 Tictic Fredjay Severino 479 Laurente John Pugales 480 Aranas Alexander Dagohoy 481 Moza Randy Trinidad 482 Nalimot Jose Jr. Bacaro 483 Moza Alvin Trinidad 484 Martin Cirilo San Diego 485 Santos Warren Aganan 486 Cordeta Felomino Domagtoy 487 Trinidad Roberto Jr. Lende 488 Comaje Michael Torregoza 489 Nunag Joey Abobo 490 Andres Maruel Saguiped 491 Andres Roberto Saguiped 492 Baquiran Helen Robles 493 Omadto Florentino Jr. Tabilog 494 Maddumba Edward Galang 495 Bacani Arden Christopher Cruz 496 Gordo Charlieven Suan 497 Relacion Richard Salatandre 498 Peral Reynaldo Membrano 499 Sales Lexter Tambulasa 500 Mahumok Apple May Banas 501 Bocar-Alumia Jovelyn Damacino 502 Barretto Ace De Capia 503 Igot Lawrence Suplay 504 Gico Francis Jacob 505 Camales Nelson Cadiz 506 Aguilar Angelito Daliva 507 Capilayan Rene Callos 508 Belino-Pastoriza Emily Ampo-An 509 Boncales Carlos Jaculan 510 Ampo-An Mark Anthony Godoy 511 Macasaol Maryann Vailoses 512 Taboquilde Edward Gamueda 513 Antonico Walter Soledad 514 Eria Renato Esposa 515 Oviedo Rowel Idio 516 Pace Edgar Madrigal 517 Ibarra-Mabanan Teresita Biago 518 Sarmiento Jessie Sison 519 Ugsang Annieh Gammaru 520 Tuazon Mario Soledad 521 Melegrito Karen Kay Hubalde 522 Mesa-Quintos Edith Gammaru 523 Lumabang Regina Paclibar 524 Solano Pedro Gacutara 525 Suyat-Ogalinola Rosemary Reyes 526 Jaso Liezel Docot 527 Daluraya Marcial Solano 528 Maquiling Edwin Plaza 529 Zubeldia Rodrigo Valencia 530 Quijada Florence Quico 531 Cosare Ruby Cadondoy 532 Nequita Jonathan Nemi 533 Casidsid-Guisijan Glonnie (Illig.) 534 Latonero Gerardo Habala 535 Gocatek Edmundo Mojica 536 Rigo Carlos BJ Macapas 537 Manchus Minandro Ardon 538 Alberto Reynaldo Jr. Juan 539 Alapide Rolando Saquena 540 Berces Cliffort Maglague 541 Nuica Pio Siobal 542 Alvarado Alberto Juan 543 Gila Tomas Alon 544 Espenile Rey Castillo 545 Ablay Crisanto Reyes 546 Atip Ricardo Escoto 547 Villamer-Abagat Mercy Perez 548 Sarviga-Dela Vega Chona Gemao 549 Villamer-Oliveros Joji Arlene Perez 550 Frias Rene Sr. Olingay 551 Cantones Carlo Magbanua 552 Baquirin-Namoro Wilma Bote 553 Del Rosario Junifer Gamueda 554 Bernal-Dela Cruz Marjorie Cabanes 555 Toledo Christy Dorado 556 Cano Joselito Deluta 557 Montes Romella Arceo 558 Surial James Foster 559 Padua Marichelle NMN 560 Blacquio Renilo Aranas 561 Arceo Lavenia Arsenio 562 Briones-Nunag Gina Bautista 563 Montes Rowena Arceo 564 Bautista Arnold Pino 565 Abejuela-De Chavez Lilibeth Llamoso 566 Tequio Jhuncie Arias 567 Lapitan Teresa Oller 568 Tiquio Joel Arias 569 Cambabad-Sapin Lelita Reyes 570 Andora Ronaldo San Pascual 571 Padilla Leopoldo Jr. Lawag 572 Gerona Ruel Sr. Gura 573 Sitson Jhomer Gomez 574 Balaze-Somido Rhea Clapano 575 Tacuban Jessie Vasquez 576 Nuesca Edmin Gutierrez 577 Lawag-Perez Magdalena Galo 578 Lauria Melchor Pongaron 579 Vasquez Vilma Obidos 580 Gomez Victor Lacson 581 Laguda-Enavia Clarita Esmeria 582 Marcial Manuel Jr. Arcano 583 Serrano Andy Bargado 584 Flores Bonben Providencia 585 Manaligod Romulo Jr. Bargado 586 Minlay Henry Fernandez 587 Baricaua Mesias Reyes 588 Bernal-Ducusin Leilani Cabaez 589 Mendoza Salvador Carbonel 590 Brotamonte Dennis Bocato 591 Macadangdang William De Guzman 592 Asoy-Bunganay Melinda Melocotones 593 Macayan Rommel Sabijon 594 Estacio Millie Rose Vargas 595 Macayan Danilo Jr. Sabijon 596 Estacio Nathaniel Vargas 597 Lambino Reynaldo De Jesus 598 Dela Rosa Annalyn Tionghoy 599 Macayan-Palacio Victoria Sabijon 600 Guzman Rizza Babida 601 Macayan Wilma Sabijon 602 Dawang Mercilyn Tan 603 Tabora Sixto Jr. Agustin 604 Asilo-Bacunawa Arlene Berse 605 Ia Lizardo Ambos 606 Abad-Gaor Baby Arcel Adamos 607 Galo Ma. Elena Ratisa 608 Carnice Edegardo Guadalquiver 609 Hiangan Reynalyn Panganoron 610 Catamora Marivic Rante 611 Danao Miecho Cuevas 612 Evangelista Manuel Jr. Javier 613 Superal Ma. Lourdes Pascua 614 Calisanga-Barrion Mary Grace Dela Cruz Footnotes 1. Formerly, TCT No. T-532620 (M). 2. Formerly, TCT No. T-532621 (M). 3. (Financing the Acquisition of Developed Lots and Completed Housing Units) in San Jose Del Monte Heights Resettlement Project, City of San Jose Del Monte, Bulacan. 4. See attached Master List of Beneficiaries consisting of fourteen (14) pages containing Six Hundred Fourteen (614) beneficiaries. 5. P115,000.00 per developed lot and P125,000.00 per completed housing unit. 6. HUDCC Resolution No. 1 Series of 2013 took effect on December 18, 2013 after having satisfied the publication requirement as circularized by HUDCC Memorandum Circular No. 01 Series of 2014.