Estimates-1968 — Page 230

Appendix II

DEVELOPMENT LOAN FUND

FINANCIAL STATEMENT OF APPROVED LOANS AND PROJECTS

Actual

LOANS/PROJECTS

Funds Allocated

Revised Estimated

Payments

to 31.3.66

Payments 1966-67

Estimated Payments 1967-68

Actual Capital Re- payments

to 31.3.66

I. Housing Loans:

1. Housing Authority

$

的

245,000,000 | 181,092,443

4,500,000 30,000,000

2. Hong Kong Housing Society:

(a) Completed Schemes

99,018,214 99,018,214

Revised Estimated Capital Re- payments 1966-67

Estimated Capital Re- payments 1967-68

REMARKS

59

$

$

3,578,193

1,344,817

(b) Kennedy Town Scheme

(c) Kwun Tong Scheme Extension... 22,500,000 16,000,000

24,500,000 7,000,000 6,500,000 11,000,000

4,500,000 2,000,000

(a) ... 176,000,000 | 126,288,459 3,000,000 5,000,000

15,890,216

4,545,469

3. Local Government Officers

(b)... 27,500,000

8,000,000

4. Shek Wu Hui Building Loans

210,000 210,000

5. Hong Kong Settlers Housing

Corporation Ltd.

10,000,000

8,500,000 1,000,000

500,000

144,894

18,775

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

1,388,306 3 loans at 31% 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.

4,963,320 Loans to Co-operatives at 31% or 5%

p.a. repayable over 20 years.

Loans to Government Officers and Co- operatives at 7% p.a. repayable over 20 years.

3,512 Loans to purchasers of Shek Wu Hui lots at 10% p.a. repayable over 14 years.

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

224

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6. Hong Kong Building & Loan

Agency Ltd.: