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**Hong Kong Housing Authority”s Initiatives and Developments from August 2024**
The Hong Kong Housing Authority (HA) has been actively implementing strategic initiatives to enhance housing accessibility and management since August 2024. Here are the key developments and announcements made by the HA during this period:
1. **Approval of Flats for Ownership Scheme (August 27, 2024):** The Subsidised Housing Committee of the HA approved the average selling prices and sales arrangements for the 2024 Sale of Flats under the Ownership Scheme. This initiative aims to facilitate home ownership among Hong Kong residents. The scheme is set to start receiving applications in the fourth quarter of 2024. Notably, approximately 40% of the new flats will be reserved for specific applicants under the Priority Newborns Scheme and the Priority Scheme for Families with Elderly Members.
2. **Public Rental Housing Allocation for 2024-25:** The HA has projected an estimated total of about 30,200 public rental housing (PRH) flats for allocation during the 2024-25 period. This allocation plan reflects the HA”s commitment to addressing the housing needs of the community and ensuring adequate public rental housing supply.
3. **Governance and Management Updates (October 31, 2024):** The HA announced significant appointments to the Estate Agents Authority, marking important updates in governance and housing management. These appointments are part of the HA”s ongoing efforts to improve housing schemes and respond effectively to local demands and demographic changes.
These initiatives underscore the HA”s dedication to enhancing access to home ownership and improving the management of public housing in Hong Kong. The Authority continues to adapt its strategies to meet the evolving needs of the population, ensuring sustainable and inclusive housing solutions.
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