Estimates-1963 — Page 168

Appendix I

DEVELOPMENT LOAN FUND

FINANCIAL STATEMENT OF APPROVED LOANS AND PROJECTS

Actual Estimated Estimated

Actual Estimated

Estimated !

REMARKS

Payments Payments Payments Capital Re- Capital Re- Capital Re-

Funds Allocated

LOANS/PROJECTS

Original

Revised

to 31.3.61 1961-62

1962-63

payments to 31.3.61

payments 1961-62

payments 1962-63

I. Housing Loans :

1. Housing Authority

2. Hong Kong Housing Society:

91,500,000 156,000,000 75,668,157 37,600,000 35,000,000!

$

Revolving fund. Interest at 31% p.a. on the first $45 million outstanding and at 5% p.a. on the balance.

162

(a) Sheung Li Uk Scheme

2,136,851

2,136,851

(b) Hung Hom Scheme

(c) Healthy Village Scheme

8,500,000 8,000,000 8,000,000

6,250,000 6,000,000 6,000,000

234,311 33,474 34,646

234,781 102,836 106,435

95,446 74,304 76,905

Loans at 3% p.a. repayable over 40

years.

(d) Sheung Li Uk Scheme Extension.

535,000

535,000

13,962

5,127

5,383

(e) Tsuen Wan Scheme I

(f) Kwun Tong Scheme

2,500,000 2,730,000 2,730,000

48,597

25,141

26,398

(g) Tanner Hill Scheme

5,600,000 6,353,200 5,600,000 753,194

5,250,000

19,316

50,074

56,429

3,250,000 2,000,000

25,352

44,728

Loans at 5% p.a. repayable over 40

years.

(h) Kai Tak Scheme I..

1,800,000 1,931,400

1,800,000 131,354

7,450

15,849

17,217

(i) Shau Kei Wan Scheme

SI

II

11,500,000 8,000,000

16,500,000

2,500,000 7,000,000 6,000,000

Interest-free loan for the construction of

1,000 flats for non-pensionable Govern- ment Officers. Repayable over 20 years.

(j) Aberdeen Scheme.....

6,500,000

1,000,000 2,000,000 3,000,000

(k) Kai Tak Scheme II

2,000,000 2,300,000

2,000,000

6,898

16,901

(1) Healthy Village Scheme

Extension

9,000,000 7,000,000

(m) Kwun Tong Scheme Extension.

7,500,000 9,000,000

1,000,000 | 2,000,000

1,000,000

Loans at 5% p.a. repayable over 40

years.

(n) Tsuen Wan Scheme II

5,000,000 6,500,000

7,500,000

500,000 3,000,000

1,000,000

(0) Tsuen Wan Scheme III

3. Local Government Officers

65,000,000 125,000,000 71,007,223 17,000,000 25,000,000 1,759,948 1,553,047

I

2,000,000 | Loans to Co-operatives at 31% or 5%

p.a. repayable over 20 years.