More People Could Soon Qualify For A Public Flat

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2019-02-25 HKT 19:06
The Housing Department has proposed a relaxation in the eligibility requirements for public rental flats which would allow thousands more people to apply.
Officials wants to raise the income ceiling by an average 4.2 percent, and the assets limit by 3.1 percent.
Under the proposal, a family of four would be eligible for a public flat if their income is no more than HK$29,240 and they have assets under HK$348,000.
If approved, the move would allow more than 160,000 households currently in the private rental market to apply for public housing.
The proposal is due to be discussed at a Housing Authority committee meeting next month
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