3.Regarding private slopes, a revised loan scheme on building safety improvement was set up in July to provide assistance to private owners who need some financial assistance to maintain their slopes.
5.Applicants are also encouraged to include their elderly members in applications for the Home Ownership Scheme, Private Sector Participation Scheme and Home Purchase Loan Scheme when their priority status will be upgraded.
6.To enable more families to buy private sector flats, the quota for the Home Purchase Loan Scheme was increased from 4500 to 10000 for 12 months from August 1998. New flexible loan options were introduced.
8.* introduce a pilot scheme whereby non-profit making private schools may apply for a land grant at nominal premium and for a capital assistance loan.
9.Large investment banks and private equity groups have set aside tens of billions of dollars specifically to buy up and restructure the loan portfolios.
10.The HPLS was introduced by the HKHA in 1988 to assist low income households to purchase flats in the private sector. The Green Form applicants of the HPLS can also make use of the loan or the subsidy to purchase flats in the HOS secondary market.
