TNAG-1361-FCO40-1807-Hong-Kong-Hansard-reports-and-minutes-of-the-meetings-of-the-1985 — Page 175

68.

**)高度機密

The Government's policy is that the public housing programme should achieve a level of production of over 40,000 flats а year for rental and sale. This will comprise the Housing Authority's rental flats and flats for sale under the Home Ownership

Ownership Scheme, flats sold under the Private Sector Participation Scheme, and the Housing Society's production through the development of rental housing and the Urban Improvement Scheme (30). The forecast of Housing Authority production in the four years 1985-86 to 1988-89 exceeds production in the previous four years by 2.8%. The total production in the next four years including Private Sector Participation Scheme flats and Housing Society flats is flats, with an average completion rate of This will have a major impact on many now In the next four years we

estimated at 178,000

44,000 a year (31).

flats, with an

waiting patiently for decent housing.

shall be providing new, good quality subsidised housing for over 712,000 people. We should be proud of this.

69.

As regards the Home Ownership Scheme, 49,810 flats out of a total of about 56,190 flats in the first six phases will have been completed by the end of 1985-86. Work is in hand on the balance and on a further 20,830 flats in Phases VII, VIII

and IX (32).

(30) See Appendix B, which gives details of expenditure in the main programme

(31)

areas.

Production of Flats PSPS (incl. MIH)

HS (rental

HA Rental

HOS

and UIS)

Total

1981-82

31,346

4,399

3,735

39,480

1982-83

27,879

7,508

760

442

36,589

1983-84 28,564

7,877

2,240

10

38,691

1984-85 26,342 10,168

1,408

443

38,361

1985-86 28,273

8,746

11,902

225

49,146

1986-87 30,264

6,460

3,708

1,892

42,324

1987-88

30,418

5,930

3,800

1,684

41,832

1988-89 32,281

5,698

3,830

3,269

45,078

(32) The value of land is excluded from the calculation of the selling price of flats produced under the Home Ownership and Private Sector Participation Schemes in order to keep them affordable by the target

groups.

G.F. 316

W sob ` 高度機密