TNAG-0912-FCO40-1122-Policy-on-housing-and-resettlement-in-Hong-Kong-1979 — Page 1

MEMORANDUM FOR EXECUTIVE COUNC

...

・34.. of 80

CALINCH 360/2

75

the micome limit for JaELIGIBILITY CRITERIA FOR GOVERNMENTS PIGSTIN NO. 51

prom wit already living

HOME OWNERSHIP SCHEME

Akk 3601

1977

11 MAY 1979

DESK OFFIC&A INDEX

PA

in pubic housing should

On 15th February 1977, after having considered i S be raised from $3500 pou

memorandum XCC(77)8 as annexed, the Council advised-and the

to $4500. Governor ordered inter alia that the criteria of eligibility as

summarised in paragraph 10 be accepted subject to:

10.5

(i)

(ii)

deletion of sub-paragraph (c);

amendment of sub-paragraph (d) to read "The household's aggregate monthly income should not exceed $3,500. An applicant's ability to meet mortgage payments will be a crucial factor in considering his application. It is unlikely that many people at the upper end of eligibility for public housing will be able to participate in the Home Ownership Scheme now proposed".

Existing Criteria

2

Briefly, households eligible for Home Ownership flats

are divided into two categories:

A

Housing Authority tenants, irrespective of their income, provided that:

(i) they surrender their existing tenancies after acquiring a Home Ownership flat; their household size is not less than

(ii)

(iii)

2 persons;