HK grants relief measures for public rental housing tenants
The SHC will waive the extra rent payable in the first 12 months after the rent adjustment.
The Hong Kong government will be providing a special relied measure to public rental housing (PRH) tenants after the adjustment made to rents.
Following its 2022 rent review of PRH, the Subsidised Housing Committee (SHC) will increase PRH rent up by 1.17%, starting 1 October.
This translates to an average of $26 per PRH household per month with the monthly adjustment ranging from $5 to $66.
“The SHC also decided to provide a special relief measure to PRH tenants by waiving the extra rent payable each month due to the rent adjustment in the first 12 months following the rent adjustment,” a government spokesman said.
“Having regard to the extent of the rent increase, the impact on PRH tenants, and the impact on HA's financial position, the SHC endorsed providing the special relief measure to PRH tenants.”
This will results in a total of $262m of foregone rental income in 2022-2023 and 2023-2024 for the Housing Authority.