The Housing Authority will adjust the demolition project household relocation allowance, the largest reduction in one-person units fell below 5 digits

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Written by: Lin Yingxian

2021-06-04 20:36

Last update date: 2021-06-04 20:37

The Housing Authority intends to adjust the ex-gratia relocation allowance for public housing demolition projects. The allowance will be reduced by 5.07% to 7.21%. The allowance for single-person households will drop below the 5-digit level and will only receive $9,530, a decrease of $740 compared to the current allowance. , A decrease of 7.21%, which is more than that of two-person or more units.

The adjusted allowance will be applied to the newly announced demolition projects, and the residents of Meidong Village, Baitian Village and Shili Transition Houses to be rebuilt will not be affected.

The Housing Authority’s Subsidized Housing Subcommittee passed a recommendation to adjust the ex-gratia relocation allowance for tenants affected by the demolition project.

(Profile picture)

The Housing Authority Subsidized Housing Subcommittee passed a recommendation to adjust the ex-gratia relocation allowance for tenants affected by the demolition project. The allowance for single tenants will be reduced from the allowance to $9,530, a significant decrease of $740 from the current $10,270, a drop of 7.21% , Is the crown of all units.

(Screenshot of Housing Authority document)

For units with 2 to 3 persons, the allowance is reduced by 6.61% to RMB 15,820; for units with 4 to 5 persons, it is reduced by 5.2% to RMB 22,040; for units with 6 persons and above, the allowance is RMB 29,050, a decrease of RMB 1,550 or 5.07 from the previous RMB 30,600. %.

The proposal is in line with the relocation allowance adjusted by the government in December last year. It is expected that the affected tenants of the newly booked public housing clearance project will accept the relevant arrangement.

The adjusted allowance is applicable to government clearance operations announced on or after December 1 last year.

The previously announced redevelopment of Meidong Village, Baitian Village and Shek Lei Transition House will not be affected, and the relevant projects continue to use the subsidies applicable to each individual project at that time.

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