41
manages
subsidised
housing
stands comparison
with
world. The Housing Authority now
is the landlord for 47% of our
providing
anywhere else in the
723,000 flats and
population. In the last financial year, it completed over
50,000 flats, a record for a single year. This year, it is
likely to set a new record yet again, with an estimated
production of 53,000 flats. These are remarkable figures by
any standard. They
will be achieved without any sacrifice
to the quality of accommodation and environment provided.
72.
In every
community, ordinary families dream of
owning their own home. Communities are healthier and more
stable when home ownership is widespread. Helping Hong
Kong families to become home owners is an important part of
the Long Term Housing Strategy. At present, only 15% of our
stock of public housing is owned by the family living in
it. But this figure is Get to increase.
This year,
One-child Uf Clie TIEW Housing Authority flats will be for
sale rather than for rent. The Authority has also decided
recently to increase the scope of its Home Purchase Loan
Scheme SO that more of its tenants will receive larger
interest-free loans to buy flats in the private sector. It
is considering another bold initiative: the feasibility of
nelling come of its newer flats to the families who are now
Sp'd SE
W
/renting
S'I'D
SZ:LT II-BI-EBSI