Preamble
WHEREAS, Republic Act No. 2616 provided for the expropriation of the Tatalon Estate, and the sale at cost of the lots therein to their present bonafide occupants and authorized the amount of ten million pesos for the purpose; WHEREAS, Letter of Instruction No. 34 directed the General Manager of the now dissolved People's Homesite and Housing Corporation to take administrative steps towards the acquisition of the Estate and the settlement of its problems; WHEREAS, Presidential Decree No. 757 created the National Housing Authority not only to take over the functions and projects of the PHHC but also to develop and implement programs to provide housing for the greatest number of people; WHEREAS, the improvement of slums has been adopted as a national policy under Letter of Instructions No. 557 and Tatalon Estate is now one of the identified slum areas whose upgrading is the ultimate goal of the policy; NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Republic of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby decree and order that: