develop
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further schemes for prudential
supervision of banks and
financial institutions.
V.
SOCIAL PROGRAMME S
36.
During the year the Hong Kong Government has pressed ahead vigorously with its forward-looking social programme s to improve the
well-being of the people of Hong Kong.
(a)
37.
Housing
The territory wa s ab le to maintain its performance and achievements in public housing construction. The Housing Authority exceeded its annual production target of 35,000 flats for the sixth successive me. With a further 12,000 flats built under the Private Sector Participation Scheme and by the Housing Society,
public housing construction reached a record level of over 48,000 flats. Over 18,000 of the se were for sale to the general public;
yet
record, reflecting recovery and re-investment in the property market. Private sector housing production also increased with about 30,000 new flats completed.
38.
another
1985 saw the Hong Kong Government step up their squatter area
The ir object i s to clear and rehouse
clearance
squatters in
being given
landslip.
programme.
the urban
to
those
all
area over
ten the next
years, with priority
currently squatting on slopes
vulnerable
to
39.
were
in addition
to the
During 1985 the Housing Authority agreed to provide self-care hostels in public housing estates for the more able-bodied elderly
members of
these hostels the population; existing quota of shared flats and housing units for single persons in public housing estates. For those requiring a greater degree of personal care, the planning ratio for care-and-attention homes was raised from four to five places
population.
thousand per
of the
elderly
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