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granting sites at concessionary premium to the Hong Kong Housing Society, and LDC if situation requires, for building flats to be used for rehousing people affected by projects undertaken by the LDC.

trying out a linked-site approach in LDC projects, under which a redevelopment site which is not viable on its own for various reasons is linked with another site which is viable, so that urban renewal schemes can benefit from cross-subsidy.

improving ex-gratia allowances for business and tenants to be relocated.

injecting more land for rehousing, subject to the agreement of the Land Commission.

Mr Leung said the proposals outlined were aimed at facilitating urban renewal into the next century in order to improve the urban environment, enhance planning and the provision of infrastructure, thin out development densities where necessary while making better use of underdeveloped land and to improve both the quantity and standard of housing.

"They are designed to make the best use of both Government and private sector resources and to be sufficiently flexible to provide a range of mechanisms for application to different projects with differing needs and circumstances.

"Above all, the proposals are designed to be as fair as possible and to balance the interests of the community as a whole with those of people directly affected by urban renewal projects," Mr Leung said.

"We will be consulting the Legislative Council, District Boards, the Town Planning Board and interested bodies on our ideas. We also welcome opinion from members of the public."

The consultation period will last till October 15. Copies of the consultation document will be available from District Offices beginning July 24.

End/Thursday, July 20, 1995

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