CE Declares Victory In Hunt For Public Housing Sites
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1561838_1_20201125175857.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1561838-20201125.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1561838-20201125.htm', 'DCS.dcsqry', '' ); } } }); }); });
2020-11-25 HKT 14:39
Chief Executive Carrie Lam said on Wednesday that the government has found all of the 330 hectares of land required to meet demand for public housing in the next 10 years.
Lam said the sites identified will provide 316,000 public flats, exceeding the expected need for about 301,000 units.
The land for much of the flats comes from reclamation in Tung Chung and agricultural plots and brownfield sites in New Development Areas such as Kwu Tung North / Fanling North and Hung Shui Kiu / Ha Tsuen.
Also included are plots in Kai Tak, the Anderson Road Quarry site, and part of the Fanling Golf Course.
Lam said the latest assessment for the Siu Ho Wan Depot site suggests it could provide about 20,000 residential units in the medium to long term, around half of which would be subsidised sale flats.
Meanwhile, the CE said the government will sell 4,700 flats under the Green Form Subsidised Home Ownership Scheme in phases next year, with the first batch of about 2,100 flats expected to be launched in May. An additional 700 recovered flats will also be put up for sale.
The government also plans to inject an additional HK$3.3 billion into transitional housing, increasing its commitment for this to HK$8.3 billion.
The CE said the government will launch a pilot scheme to help NGOs pay to rent rooms in hotels and guesthouses for temporary housing. She said the Transport and Housing Bureau will seek funding from the Community Care Fund to launch the scheme shortly.
Lam also said that a trial scheme to provide cash allowances for around 90,000 families waiting for public housing for more than three years will start accepting applications around the middle of next year, with the payments expected to be made from July.
Treasury Secretary Grilled On Economic Figures And Foreign Policy. He Refrained From Directly Calling Ukraine An Ally.
Treasury Secretary Scott Bessent emphasized that prices would come down as soon as the Iran war ended, hailed Trump's ec... Read more
More Than Seven In Ten Americans Think The U.S. Is On The 'Wrong Track' Ahead Of The Midterms: Poll
The new poll also showed that Trump's approval rating had sunk to 34%, with more than half of respondents saying they "s... Read more
World Bank Encourages Developing Nations To Embrace 'Small' AI To Accelerate Economic Growth
Paschal Donohoe, the managing director and chief knowledge officer at the World Bank, said that so-called "small AI" cou... Read more
Ukraine Launches Large-Scale Drone Attack On Russia, Defies Trump's Demands To Leave Russian Energy Alone
Swarms of Ukrainian drones hit numerous targets in Russia, including an oil terminal, overnight despite Trump's repeated... Read more
Protests In France Are Becoming Increasingly Violent. Demonstrations Have Now Spread To Other European Countries.
The protests, which began as localized demonstrations against perceived neglect in the French education system, intensif... Read more
Trump Maintains Defiant Message In Kentucky Midterm Rally, Makes Dubious Claims About Republican Popularity
The president held a rally on Saturday in which he touted the supposed successes of his two terms in office, attacked hi... Read more