What are the application requirements for public housing in Hong Kong? What is the application process?

1. Application conditions

1. Applicants must be Hong Kong permanent residents

2. Applicants must be over 18 years old

3 , The income shall not exceed the "maximum income and total net asset value limit" set by the government (depending on the applicant's family size)

4. Individuals or families who apply for home ownership, and Middle-class or wealthy families who exceed the "maximum income and total net asset value limits" will be permanently prohibited from applying for public housing in the future

2. Application procedures

In public housing estates in various districts The office obtains an application form, fills it out and submits it to the public housing estate office. It needs to be notified within 3 to 5 months.

Extended information

Policies

The Housing Authority has implemented the "Public Housing Tenants Subsidy Policy" (commonly known as the "Rich Households Policy") since 1987 to provide financial assistance to the poor. Housing subsidies will be reduced for households that no longer need assistance to encourage wealthy households to move out of public housing units and ensure the rational allocation of public housing resources. Tenants who live in public rental housing (including interim housing residents) for ten years or more are required to declare their household income to the Housing Authority every two years.

Tenants who do not declare will be required to pay double the net rent/temporary permit fee plus rates. Households whose household income exceeds the specified income limit are required to pay one-and-a-half times or double the net rent/permit fee plus rates, depending on the situation. The relevant income limits will be reviewed annually by the Housing Authority.

According to the "Policy for Maintaining Reasonable Allocation of Public Housing Resources", residents who pay double rent must declare their assets every two years. Households who do not declare their assets or whose assets exceed the limit must move out within a one-year temporary residence period. During this period, they must pay double the net rent plus rates or market rent (whichever is higher) temporary permit fee.

In 2010/11, there were approximately 23,000 wealthy households in public housing, accounting for 3.5% of public housing tenants. There were 770 units repossessed under relevant policies that year.

Name

The word "Village" in Hong Kong's public housing estates is a variant of "Village". The two words have the same pronunciation, and most of the names of each estate are With the word "Village" as the suffix (North Point Health Village, Ma Tau Wai True, Good and Beautiful Village and a few other exceptions), it is sometimes written as "Village" in the public.

Reference: Baidu Encyclopedia-Hong Kong Public Housing Estates