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In the latter part of 2024, the Hong Kong Housing Authority (HA) has been actively addressing the city”s housing challenges through a series of strategic initiatives. A significant development took place on August 27, 2024, when the Subsidised Housing Committee approved the average selling prices and sales arrangements for the flats under the Home Ownership Scheme for 2024. This decision also involved setting income and asset limits for White Form applicants, which is a crucial step in ensuring that affordable housing is accessible to those in need.
The HA”s efforts are part of a broader strategy to streamline housing solutions and enhance the quality of life for residents. Approximately 40% of the new flats under this scheme have been reserved for specific applicants under the Priority Newborns Scheme and the Priority Scheme for Families with Elderly Members. This targeted approach aims to support diverse family structures and address specific community needs.
Moreover, the HA has been focusing on public housing development, rental assistance programs, and community engagement. These initiatives are designed to provide sustainable housing solutions and foster community development. The HA”s commitment to these goals is evident through its continuous efforts to manage housing supply and improve application processes for subsidized housing options. Through these measures, the HA is playing a pivotal role in providing affordable housing and supporting the well-being of Hong Kong”s residents.
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