The government plans to set up a HK$27 billion "housing reserve" to ensure the Housing Authority is strong enough to reach its new target of 480,000 homes in the next decade. Photo: Sam Tsang The government plans to set up a HK$27 billion "housing reserve" to ensure the Housing Authority is strong enough to reach its new target of 480,000 homes in the next decade. Photo: Sam Tsang
The government plans to set up a HK$27 billion "housing reserve" to ensure the Housing Authority is strong enough to reach its new target of 480,000 homes in the next decade. Photo: Sam Tsang

Hong Kong plans HK$27 billion ‘housing reserve’ to achieve new homes target

Extra cash is just the first instalment for a 'housing reserve' intended to help meet ambitious goal of building 290,000 homes

The government plans to set up a HK$27 billion "housing reserve" to ensure the Housing Authority is strong enough to reach its new target of 480,000 homes in the next decade. Photo: Sam Tsang The government plans to set up a HK$27 billion "housing reserve" to ensure the Housing Authority is strong enough to reach its new target of 480,000 homes in the next decade. Photo: Sam Tsang
The government plans to set up a HK$27 billion "housing reserve" to ensure the Housing Authority is strong enough to reach its new target of 480,000 homes in the next decade. Photo: Sam Tsang
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