CO129-627-6 Grants of land 1-1-1951 - 30-11-1951 — Page 5

5

Sau 712

22-6.5I

1 You

Dr. Rushford.

The Hall.

the request at 1 is for

afroval to the grant by private treaty of a fiece of land to the Hong Kong Model Housing Society for the

building of about 450 flats for lower

daid workers.

Shis is quite

aglarati acheme from the Housing acteme proponed in the Gous: despatch to the of 1 to 1070266: (100 54403/16/51), under which a grant £13.500 doom P.D. to funds has been affroved for the cont of will formation, and The Hong Kong Housing Society has been granted a loan to meet the cook of erection of the flats. This Sesciety is

tivity different body from the Hong Kong Prodel Housing Society.

an la

The Hong Kong. Shanghai Banking Corporation has agreed to advance the full cost of the buildings aubject to the conditions laid down in (111) of Lara 3.

of the 3

which is one,

one reasons why specific offroval in this case is being sought I alle also 1 1⁄2 11 of fara 3.):

ax

must be agreed that any housing dooject in Hong Kong a hould have every encouragement.

and subject to

any

observations.

which