Estimates-1970 — Page 254

Appendix II

DEVELOPMENT LOAN FUND

FINANCIAL STATEMENT OF APPROVED LOANS AND PROJECTS

LOANS/PROJECTS

Funds Allocated

Actual Payments

Revised Estimated

Estimated

Payments

to 31.3.68

Payments

1969-70

1968-69

Actual Capital Re- payments to 31.3.68

Revised Estimated Capital Re- payments 1968-69

Estimated Capital Re- payments 1969-70

REMARKS

GA

$

$

$

GA

$

$

$

$

69

I. Housing Loans:

1. Housing Authority

2. Hong Kong Housing Society:

Completed Schemes......

260,000,000 216,926,894 25,146,000 14,500,000

146,018,214 146,018,214

6,482,053

1,831,447

(a)... 176,000,000 131,204,937 5,000,000 5,000,000

25,313,673

5,193,805

3. Local Government Officers

(b) ... 27,500,000) 5,381,870 7,289,000 6,970,000

4. Shek Wu Hui Building Loans

210,000 210,000

5. Hong Kong Settlers Housing

Corporation Ltd.

10,000,000

9,500,000

500,000

167,182

3.863

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

1,899,575 3 loans at 31% p.a. and 15 loans at 5% p.a., all repayable over 40 years; and 2 interest-free loans repayable over 20 years.

5,450,748 Loans to Co-operatives at 34% or 5%

p.a. repayable over 20 years.

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

4,249 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.

248