SECRET
48
11.2.87
93.
It is the Government's policy that the public
housing programme should achieve a level of production of
at least 40 000 flats a year for rental and sale. This
target comprises the Housing Authority's rental flats and
flats for sale under the Home 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.
94.
The forecast of Housing Authority production
in the four years 1987-88 to 1990-91 exceeds production in
the previous four years by 14%. This includes a total of
7 200 flats to be produced under the Extended
Redevelopment programme, that is to say the redevelopment
of the 26 sub-standard blocks: these 7 200 flats are
additional to the annual production target of 30 000
rental flats. The total production in the next four years
including Private Sector Participation Scheme flats and
Housing Society flats is estimated at 197 000 with an
average completion rate of 49 000 a year, comfortably
exceeding our target (31).
(31)
PSPS
HA Rental
HOS
(incl. MIH)
HS (rental and UIS)
Total
1983-84
28,564
7,877
2,240
10
38,691
1984-85
26,354
10,168
1,408
419
38,349
1985-86
29,386
6,688
11,902
213
48,189
1986-87
30,237
6,838
4,866
1,390
43,332
1987-88
31,887
7,610
2,716
780
42.993
1988-89
ECRE
40,885
5,810
5,020
3,840
55,555
-1989-90
35,863
6,492
7,064
3,470
54,889
1990-91
32,684
5,250
4.880
3,158
45,972
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