Roles
The Authority operates the Tenants Purchase Scheme, the Home Ownership Scheme and the Private Sector Participation Scheme.
The Authority it operated a loan scheme for low income home buyers, which provided interest-free loans of up to HK$530,000 or monthly mortgage subsidies of up to HK$3,800 to help low-income individuals or families to buy their own flats.
More than 8,000 low-income families are subsidised, although the scheme was halted in 2003 pending a review. In June 2004, the definitive scrapping of the scheme was announced.
Read more about this topic: Hong Kong Housing Authority
Famous quotes containing the word roles:
“There is a striking dichotomy between the behavior of many women in their lives at work and in their lives as mothers. Many of the same women who are battling stereotypes on the job, who are up against unspoken assumptions about the roles of men and women, seem to accept—and in their acceptance seem to reinforce—these roles at home with both their sons and their daughters.”
—Ellen Lewis (20th century)
“Modern women are squeezed between the devil and the deep blue sea, and there are no lifeboats out there in the form of public policies designed to help these women combine their roles as mothers and as workers.”
—Sylvia Ann Hewitt (20th century)
“It was always the work that was the gyroscope in my life. I don’t know who could have lived with me. As an architect you’re absolutely devoured. A woman’s cast in a lot of roles and a man isn’t. I couldn’t be an architect and be a wife and mother.”
—Eleanore Kendall Pettersen (b. 1916)