Appendix II

DEVELOPMENT LOAN FUND

FINANCIAL STATEMENT OF APPROVED LOANS AND PROJECTS

Funds Allocated

LOANS/PROJECTS

Actual Payments to 31.3.63

Revised

Estimated Estimated

Payments Payments 1964-65

Actual Capital Re-

Revised Estimated

Estimated

Original

Revised

1963-64

payments to 31.3.63

payments

1963-64

Capital Re- Capital Re-

payments 1964-65

$

$

$

$

$

$

$

$

I. Housing Loans:

1. Housing Authority

2. Hong Kong Housing Society:

(a) Completed Schemes

91,500,000 230,000,000 | 140,080,972 31,531,000 23,000,000

(b) Shau Kei Wan Scheme

34,571,852 35,018,214 35,018,214

1,378,378

401,761

{

I.

II..

11,500,000 16,500,000

8,000,000

8,000,000 4,500,000 4,000,000

4,000,000 2,000,000 2,000,000

|

(c) Aberdeen Scheme.

6,500,000

4,000,000 2,500,000

(d) Healthy Village Scheme

Extension

9,000,000

7,000,000

1,000,000 2,500,000 3,500,000

(e) Kwun Tong Scheme Extension.

7,500,000 9,000,000

3,000,000 5,000,000

(ƒ) Tsuen Wan Scheme II

5,000,000 6,500,000 750,000 2,750,000 3,000,000

(g) Tsuen Wan Scheme III

(h) Unallocated

7,500,000

1,000,000 1,500,000 4,000,000

37,000,000

3,000,000 6,000,000

3. Local Government Officers....

65,000,000 184,000,000 | 100,593,133 | 14,000,000 20,000,000 5,478,791

2,937,600

4. Shek Wu Hui Building Loans

630,000 210,000 210,000

76,692

14,923

REMARKS

Revolving fund. Interest at 33% p.a. on the first $45 million outstanding and at 5% p.a. on the balance.

418,466 3 loans at 31% p.a. and 6 loans at 5%

p.a., all repayable over 40 years.

Loan at 5% p.a. repayable over 40 years.

Interest-free loan for the construction of 1,000 flats for non-pensionable Govern- ment Officers. Repayable over 20 years.

Loans at 5% p.a. repayable over 40

years.

172

3,500,000 Loans to Co-operatives at 31% or 5%

p.a. repayable over 20 years.

5,808 Loans to purchasers of Shek Wu Hui lots

at 10% p.a. repayable over 14 years.

Page 175Page 176

5. Hong Kong Settlers Housing

Corporation Ltd.

10,000,000

II. Educational Loans

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