TNAG-1632-FCO40-2248-Ministerial-visits-from-the-UK-to-Hong-Kong--including-visit-1987 — Page 189

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help eligible families to buy homes in the private sector. This will enable 100,000 families (half of whom are sitting

tenants in public rental housing) to own their own homes by

2001.

6.

The Authority will also extend its redevelopment programme in the 1990s to include Mark IV-VI and Former Government Low Cost Housing blocks built between 1966 and 1974. This will improve the living conditions of 125,000 families now living in rental estates where population density and underprovision of facilities are becoming unacceptable by current-day standards.

7.

Many of the additional homes to be constructed under the housing strategy will be located in the new towns in the New Territories. The first generation of these, Tsuen Wan, Sha Tin and Tuen Mun, were started in 1972 in response to a major public housing initiative. They now accommodate 1.4 million people. The second generation located at Tai Po, Fanling and Yuen Long already have a population of 340,000 and will be completed by the early 1990s. Advance works have started on third generation new towns at Junk Bay and Tin Shui Wai, which will continue to provide homes into the late 1990s. By that time, the population of the New Territories will have risen to 3.5 million, compared with 1.8 million now and less than

500,000 in 1970.

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