27/02/2008

Housing Society Supports Building Maintenance Grant Scheme for Elderly Owners

The Hong Kong Housing Society welcomes Government's new initiative to help elderly owners in maintaining their homes.

The Building Maintenance Grant Scheme for Elderly Owners announced by the Financial Secretary in his Budget Speech today falls in line with the objectives of the Building Management and Maintenance Scheme (BMMS) launched by the Housing Society in 2005 to address the problem of urban decay. The new Grant Scheme will help the elderly owners who have financial difficulties to carry out repair and maintenance works to improve the safety and quality of their living environment.

The Housing Society will accept the invitation by the Government to act as the agent for implementing the Scheme and will work closely with the Government to ensure highest effectiveness.

In the meantime, the Housing Society will work out the implementation details in collaboration with the Development Bureau to be announced in due course.