Estimates-1967 — Page 206

Appendix II

DEVELOPMENT LOAN FUND

FINANCIAL STATEMENT OF APPROVED LOANS AND PROJECTS

LOANS/PROJECTS

Funds Allocated

Actual Payments

Revised Estimated

to 31.3.65

Payments

Estimated Payments 1966-67

Actual Capital Re-

1965-66

payments to 31.3.65

Revised Estimated Capital Re- payments 1965-66

Estimated Capital Re- payments 1966-67

REMARKS

$

$

$

GA

$

$

$

I. Housing Loans:

1. Housing Authority

2. Hong Kong Housing Society:

(a) Completed Schemes

245,000,000 174,864,669 4,400,000 33,000,000

99,018,214 99,018,214

2,538,972

1,016,454

(b) Kennedy Town Scheme

(c) Kwun Tong Scheme Extension... 22,500,000

24,500,000 5,000,000 4,000,000 6,000,000

8,000,000 8,000,000 3,000,000

3. Local Government Officers..

184,000,000 | 121,346,027 7,000,000 15,000,000

11,822,873

4,102,329

4. Shek Wu Hui Building Loans

210,000

210,000

133,123

11,771

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

1,343,677 3 loans at 34% p.a. and 13 loans at 5% p.a., all repayable over 40 years; together with 2 interest-free loans. repayable over 20 years.

Loans at 5% p.a. repayable over 40

years.

4,522,654 Loans to Co-operatives at 31% or 5%

p.a. repayable over 20 years.

4,349 Loans to purchasers of Shek Wu Hui lots at 10% p.a. repayable over 14 years.

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