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LAND AND HOUSING
accommodation for numbers of its junior staff in the estates at Shau Kei Wan and Aberdeen.
Funds for the Society's programme are normally provided from Government loans.
Another voluntary organization is the Hong Kong Settlers Housing Corporation Ltd which, with a Government loan, is build- ing eight blocks of multi-storied buildings with 1,800 units to accommodate 8,000 people. This estate will also have a restaurant and 33 shops.
Employers Housing. A number of employers provide accom- modation for their staff. During 1961 the Hong Kong & Yaumati Ferry Co Ltd built two six-storied blocks-of quarters at Tai Kok Tsui. These comprise 354 separate self-contained units which are rented to the company's employees at rents ranging from $51.70 to $103.70 per month. In the latter part of the year these units accommodated 2,077 persons.
The Hong Kong Telephone Co Ltd completed a new building at Fortress Hill Road, North Point which now accommodates 31 families. The company first undertook to provide housing for its local staff in 1957 and since then has built 191 quarters.-
The Taikoo Dockyard & Engineering Co Ltd has provided 770 new self-contained flats for its employees. In 1961 the construction of another three blocks, comprising 596 self-contained flats, was started. These should be ready for occupation in late 1962.
Government Co-operatives. As an employer, Government has helped its staff by fostering the formation of co-operative building societies among local civil servants on the pensionable establish- ment and giving them loans to buy land and build flats. By the end of 1961 188 societies had been formed with 3,703 members. So far 2,454 flats have been build under the scheme, 581 of them during 1961. Government provides accommodation for its overseas staff and also for many of its local staff.
The Housing Authority. The Hong Kong Housing Authority is a statutory body created by Ordinance No. 18 of 1954, and consists of all members of the Urban Council, ex officio, and certain other members appointed by the Governor. Its policy is to house the section of the population whose income ranges from $400 to $900 a month, but some of its estates have accommodated