Integrated Building Maintenance Assistance Scheme To alleviate the problem of urban decay, the Housing Society implemented the Building Management and Maintenance Scheme (BMMS) in January 2005 to help the owners of aged buildings form Owners’ Corporations and carry out maintenance works by offering necessary assistance and subsidies.
In 2011, the Housing Society and the Urban Renewal Authority (URA) consolidated their building maintenance schemes, with further enhancements and relaxation on certain requirements, into the new Integrated Building Maintenance Assistance Scheme (IBMAS). By offering "one-stop" financial assistance and technical support on repairs and maintenance, property owners can apply for different building maintenance subsidy and loan schemes, as well as two other Government schemes, through a single contact point.
In response to the 2011 Urban Renewal Strategy which stated rehabilitation as one of the URA’s two core businesses, the URA has extended its rehabilitation service boundary to cover the whole of Hong Kong. The Housing Society has stopped accepting new IBMAS applications but continues to process and follow up applications received on or before 30 June 2015.
Building Maintenance Grant Scheme for Elderly Owners Riding on the experience and success of BMMS, the Housing Society was entrusted by Government to implement the Building Maintenance Grant Scheme for Elderly Owners with a funding of HK$1 billion. The scheme aims to provide financial assistance to self- occupied elderly owners to repair their homes and improve building safety. A Memorandum of Understanding was signed between the Development Bureau and the Housing Society to officially launch the scheme in May 2008.
Operation Building Bright In March 2009, the Housing Society jointly launched the Operation Building Bright campaign with the Development Bureau and the Urban Renewal Authority to provide substantial subsidies to encourage owners of old buildings to speed up maintenance arrangements so that job opportunities can be instantly created for the industry. A total funding of HK$3.5 billion was allocated to the Operation with HK$150 million each from the Housing Society and the Urban Renewal Authority.
Mandatory Building Inspection Subsidy Scheme and Voluntary Building Assessment Scheme To support the Mandatory Building Inspection Scheme and Mandatory Window Inspection Scheme to be implemented by Government, the Housing Society joins hands with the Urban Renewal Authority to launch the Mandatory Building Inspection Subsidy Scheme to subsidise eligible owners on the first building inspection. Meanwhile, the Housing Society rolled out the Voluntary Building Assessment Scheme in mid-2012 to provide incentive for owners to take the initiative to properly maintain their buildings. Under the voluntary scheme, certified buildings will be recognised by the Buildings Department to be exempted from the mandatory building inspection (common areas only) within a specified period.