Empowering Entrepreneurs and Enhancing Housing Solutions: Hong Kong Housing Authority’s August 2024 Initiatives

This is the HEADER

Here is a summary of the Hong Kong Housing Authority‘s press releases from August 2024:

1. **Well Being�PStart-Up Programme Launch (August 1, 2024)**: The Hong Kong Housing Authority launched the Well Being�PStart-Up programme, offering shop premises in shopping centers rent-free to support new business ventures. This initiative aims to help entrepreneurs test their business plans and establish themselves.

[Read more here](https://www.housingauthority.gov.hk/en/commercial-properties/well-being-start-up/index.html)

2. **Home Ownership Scheme (HOS 2024) Approval (August 27, 2024)**: The Subsidised Housing Committee approved the average selling prices and sales arrangements for the HOS 2024. It includes setting income and asset limits for White Form applicants. The scheme is expected to launch in the fourth quarter of 2024, targeting a quota of new flats for families with newborns and elderly members.

[Read more here](https://www.info.gov.hk/gia/general/202408/27/P2024082700185.htm)

3. **Revision of Vacant Flat Refurbishment Allowance (VFRA) (August 27, 2024)**: The Subsidised Housing Committee also endorsed a proposal to revise the VFRA’s scope and amount. This revised allowance will take effect in the fourth quarter of 2024, aimed at easing the burden on tenants regarding minor repairs and ensuring timely refurbishment.

[Read more here](https://www.info.gov.hk/gia/general/202408/27/P2024082700216.htm)

These press releases highlight the Housing Authority‘s efforts to support entrepreneurship and offer affordable housing solutions in Hong Kong.
Summarize the press releases of the Hong Kong Housing Authority in 2024.

Exclude press releases earlier than August 2024.

This is the FOOTER

Scroll to Top