Estimates-1964 — Page 176

Appendix II

DEVELOPMENT LOAN FUND

FINANCIAL STATEMENT OF APPROVED LOANS AND PROJECTS

Funds Allocated

LOANS/PROJECTS

Actual Payments

to 31.3.62

Original

Revised

Revised Estimated Payments 1962-63

Estimated Payments 1963-64

Actual Capital Re-

payments to 31.3.62

I. Housing Loans:

1. Housing Authority

2. Hong Kong Housing Society:

91,500,000 180,000,000 | 110,962,944 30,600,000 34,000,000

Revised Estimated

Estimated

Capital Re- Capital Re-

payments 1962-63

payments

1963-64

(a) Completed Schemes

34,571,852 35,018,214 34,936,401 81,813

992,919

385,460

f I......

(b) Shau Kei Wan Scheme

II...

11,500,000 16,500,000

8,000,000

6,500,000 | 4,000,000 | 4,000,000

4,000,000 | 2,000,000

的

REMARKS

172

Revolving fund. Interest at 34% p.a. on the first $45 million outstanding and at 5% p.a. on the balance.

401,761 3 loans at 31% p.a. and 6 loans at 5%

p.a., all repayable over 40 years.

Loan at 5% p.a. repayable over 40 years.

Interest-free loan for the construction of 1,000 flats for non-pensionable Govern- ment Officers. Repayable over 20 years.

(c) Aberdeen Scheme

6,500,000

1,000,000 4,000,000 1,500,000

(d) Healthy Village Scheme

Extension

9,000,000

7,000,000

2,500,000 4,000,000

(e) Kwun Tong Scheme Extension.

7,500,000 9,000,000

1,000,000 2,000,000

(f) Tsuen Wan Scheme II

5,000,000 6,500,000

1,750,000 3,000,000

(g) Tsuen Wan Scheme III

7,500,000

1,500,000 2,000,000

(h) Unallocated.....

3. Local Government Officers

37,000,000

65,000,000 149,000,000 85,765,273 17,000,000 25,000,000

3,312,995

2,165,795

4.

Shek Wu Hui Building Loans........

630,000 210,000 210,000

71,859

4,833

Loans at 5% p.a. repayable over 40

years.

2,700,000 Loans to Co-operatives at 31% or 5%

p.a. repayable over 20 years.

5,674 Loans to purchasers of Shek Wu Hui lots

at 10% p.a. repayable over 14 years.