Materials Incentive Scheme

	Around or over 20 years old but are still serviceable;
	Subject to statutory actions under the Buildings Department's "Co-ordinated Maintenance of Buildings Scheme"(CMBS) or "Blitz" Operations or other relevant statutory order; and
	Located within the Scheme Areas of URA in Yau Ma Tei / Mongkok, Tai Kok Tsui, Ma Tau Kok, Shum Shui Po, Tsuen Wan, Kwun Tong, Wanchai and Central & Western District.
	Private residential or composite buildings with established Owners' Corporations (OC's) which agreed to undertake continuous up-keeping of the building;

At early stage of projects, when professional consultants are not yet engaged, URA will provide technical supports and advice on project implementation;

	External/Internal wall paint
	Piping materials for drainage, flushing water and public water supply
	Water-proofing materials for re-roofing work

Value of rehabilitation materials supplied shall not exceed 20% of the total cost of the works or HK$3,000 per unit, whichever is the lower.

A grants may be made to individual owner with genuine financial difficulty. Maximum amount of grant is HK$10,000:
A grant applicant must be the registered owner of relevant property, fulfilling one of the following criteria:
- Recipient of Comprehensive Social Security Allowance (CSSA); or
- Aged 60 or over, who meeting income/asset limits in Schedule (a); or
- Below the age of 60, disabled and meets the income/asset limits in Schedule (b):

Schedule (a)
Aged 60 or over applicant(s)

Household Size	Monthly Income Limit (HK$)[(Note 1) & (Note 2)	Asset Limit (HK$)[Note 3]
Singleton	7,200	169,000
Couple	12,300	254,000

Schedule (b)
Below the age of 60, disabled applicant(s)

Household Size	Average Monthly Household Income (HK$)[(Note 1) & (Note 2)]	Household Asset Limit (HK$)[Note 3]
1	7,300	22,000
2	11,200	29,000
3	12,600	43,500
4	15,300	58,000
5	17,900	58,000
6	20,900	58,000
7	22,500	58,000
8	24,100	58,000
9	26,200	58,000
10 or above	27,700	58,000

Note 1: In the case that the applicant's property is mortgaged, the monthly income limit will be adjusted upwards to include his monthly mortgage repayment.

Note 2: The income limit will be adjusted upwards for families with disabled member(s). Family members mean all the members residing in the same unit.

Note 3: The property in which the applicant resides and to which the loan relates will be disregarded in assessing the applicant's assets.

Note 4: The income/assets limits in Schedules a) and b) are subject to change without prior notice.

Application

Application is easy and simple. Please call 2588 2333 for details.

Last Update at : 04/09/2008