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To form an OC, owners shall convene an owners’ general meeting to appoint Management Committee (MC) members in accordance with the Building Management Ordinance (BMO). For appointment of MC members, only the members appointed in accordance with BMO can be registered in Land Registry and be entitled to have rights and power.

“Common Area Repair Works Subsidy” under the Integrated Building Rehabilitation Assistance Scheme (IBRAS) implemented by URA can provide financial assistance on repair works in common parts. Eligible individual owners can also apply “Common Area Repair Works Hardship Grant” (maximum amount $10,000). Apart from this, Building Maintenance Grant Scheme for Elderly Owners (BMGS) (maximum amount $40,000) funded by the government and administered by HKHS and Building Safety Loan Scheme (BSLS) (maximum amount $1million) implemented by Buildings Department can subsidize or provide loans to individual owners to share the expense related to repair works in common parts.

Eligible and approved application will enjoy the following subsidies:

General repair works subsidy

The total amount of subsidy for each application (whichever is the lower):

  • 20 units or below  30% of the approved cost of general repair works and related consultancy fee, capped at HK$150,000
  • 21-49 units  20% of the approved cost of general repair works and related consultancy fee,capped at HK$150,000
  • 50 units or more  20% of the approved cost of general repair works and related consultancy fee; or not more than HK$3,000 per unit, capped at HK$1,200,000

 
If the maintenance works include green/ environmental friendly works,the building will enjoy the following subsidy:

Green Item Subsidy

The total amount of green item subsidy for each application (whichever is the lower):

  • 20 units or below 30% of the approved cost of green item and related consultancy fee, capped at HK$75,000
  • 21-49 units 20% of the approved cost of green item and related consultancy fee, capped at HK$75,000
  • 50 units or more 20% of the approved cost of green item and related consultancy fee; or not more than HK$1,500 per unit, capped at HK$600,000

Schemes

 

The administrator or executor (i.e. the holder of Letters of Administration (LA) or Probate) is eligible to apply as the owner of the residential flat. The applicant has to meet other eligibility criteria of BMGSNO. Before the release of grant, the LA or Probate must be registered on the land register of the applied property, and the applicant must still remain as the administrator or executor of applied property for URA to process the application.

The owner can apply if he/she meets the eligibility criteria. The grant of BMGSNO can be used to repay the eligible applicant’s outstanding loan(s) from BD, Hong Kong Housing Society or URA in relation to building repair works. The amount of the outstanding loan will be counted as of the day of submission of BMGSNO application.

•    Holder of valid Hong Kong Identity Card
•    Owner of a residential flat in a private domestic building or composite building
•    Residing in the applied property with his/her spouse (if married)
•    Fulfill either one of the following criteria:
      →Aged 60 or above and comply with the income and net asset limits
      →Recipient of Old Age Living Allowance

      →Recipient of Disability Allowance and comply with the income and net asset limits
      →Recipient of Comprehensive Social Security Assistance (CSSA)
•    Not undischarged bankrupt person

Under normal circumstances, the applicant will receive a notification letter about the result after the submission of all relevant documents and the completion of assessment of the repair work items and expenses by Urban Renewal Authority (URA). Applicant who fails to provide the required supporting documents or to arrange flat/building inspection for URA staff and/or its representatives, will delay the processing of his/her application.

The amount of grant will be calculated in proportion to the share of ownership of the property owned by the eligible applicant. For example, if the applicant owns 50% share of ownership of the property, the maximum grant he/she can get is HK$40,000 (HK$80,000 x 50%).

Applicant must submit income proof and asset declaration. Applicant is also required to make a statutory declaration to confirm that all information and evidences provided are genuine and correct.

The tenant is not eligible for the application because the applicant must be an owner-occupier of a residential flat in a private domestic building or composite building.

Applicant should submit photocopies of related license of registered contractor and completion certificate(s) as required by legislation(s). Applicant who fails to provide the required supporting documents or to arrange flat/building inspection for URA staff and/ or its representatives, will delay the processing of his/her application and may affect the approved grant amount.

The grant is capped at HK$80,000 for each application and every eligible applicant can apply for a maximum of 4 times within 10 years, counted from the date of the first successful application.

The owner is not eligible for the application because the applicant must be an owner-occupier residing in the applied property with his/her spouse (if married).

A maximum grant of HK$80,000 is available for each eligible owner-occupier. Eligible applicant can decide to use the grant on building safety related maintenance works in a residential flat and/or in building common areas. The grant can also be used to repay the eligible applicant’s outstanding loan(s) from Buildings Department, Hong Kong Housing Society or URA in relation to building repair works.

The applicant should submit a copy of the spouse’s death certificate and declare his/her assets (the asset limit is the same as that for singleton).

BMGSNO and HRLS are two separate schemes with different eligibility criteria. For an applicant who has received grant under BMGSNO, he/she may also apply for HRLS to repair the windows of his/her property if he/she meets the eligibility criteria. But, each repair work item can only be granted subsidy or loan once.

For applicant who has already received grant under BMGSEO, he/she may also apply for BMGSNO if he/she meets the eligibility criteria. However, the total grant amount received under the two schemes will not exceed HK$80,000.

The scope of works covers building safety related maintenance works in a residential flat and/or in building common areas. Please refer to the application notes for details.

Upon the completion of work, the applicant should notify the Application Team of Urban Renewal Authority (URA) which will then arrange a site inspection by URA staff and/or its representatives. He/She is also required to provide the supporting documents (e.g. a completion certificate). After verification of completion of work, URA will release the grant to the applicant.

For repair work projects carried out to the common areas of buildings, the approved loan will be released to the applicant or the Owners’ Corporation (OC) authorised by the applicant by no more than 3 stages according to the actual progress of the works. The applicant/OC should submit a works progress report certified by the Authorised Person (AP) and the contractor (where applicable).

All registered owners of private buildings are eligible to apply for the loan irrespective of the values of their properties. If the applicant is required to provide security by execution of a legal charge registered against the title of his property, the maximum loan amount to be granted will not exceed the market value of the property concerned. If the applicant has an undischarged bankruptcy order, the loan application will not be approved.

The interest rate is set at Government of the Hong Kong Special Administrative Region’s no-gain-no-loss rate which is reviewed on a monthly basis.

If there are defaulted works, Buildings Department will release the loan according to the works progress report on the actual progress of the completed works submitted by the Owners' Corporation (OC). The remaining amount of the approved loan will not be released, and the applicant is required to start repaying the released loan after one month. If the OC will conduct a re-tendering exercise to complete the defaulted building repair works in future, the owner can apply for the loan accounting for the cost of the repair works to be carried out.

The applicant must notify Buildings Department (BD) immediately. The outstanding balance on the approved loan, together with interest accrued (if applicable), has to be settled in a lump sum. Upon receipt of notification, BD will arrange to send or fax a demand note to the applicant so that he/she can repay the amount accordingly.

If there is any variation works, applicants should notify the Administration immediately. Variation works should be commenced after obtaining approval in writing from the Administration.

Applicant must commence the home renovation works after receipt of the written approval from the Urban Renewal Authority.

Upon completion of the release of the loan, Buildings Department (BD) will send a “notice of release of loan” and the repayment schedule to the applicant. The repayment schedule will set out the monthly due date and the repayment amount of each instalment. Applicant can settle the repayment by the following methods:
(a) bank autopay;
(b) bank automated teller machines;
(c) Payment by Phone Service (PPS);
(d) bill payment services through the Internet provided by banks and PPS;
(e) payment sent to the Treasury PO Box; or
(f) payment made in person at any post offices.
If the applicant settles the repayment by a method other than autopay, he will receive a demand note a few days prior to the payment due date each month. For repayment by autopay, the autopay arrangement will become effective only upon receipt of a confirmation letter from BD on the autopay arrangement.

Works item fulfils the criteria of Green Item Subsidy include: External wall paint comply with the guideline of the scheme; or certified materials, products or fixings, etc being used for building repairs or new installation

Only one registered owner is required to handle the loan application, including executing a loan agreement in the Buildings Department after the loan has been approved. Other registered owners should give consent to the loan application by signing the application form.

Single ownership buildings are not eligible for the Mandatory Building Inspection Subsidy Scheme.

If the applicant passes away, Buildings Department (BD) will cease to release the outstanding approved loan. Regarding the loan already released, BD will require the Administrator for the applicant to repay the amount with interest accrued in one go. If the Administrator refuses to repay the loan, BD will recover the loan from the indemnifier, i.e. the guarantor.

The URA will provide technical support and commission independent building surveyor consultants (BSC). BSC will assess the survey report, tender documents and works contract provided by the IO's consultant to provide 3rd party professional opinions. Moreover, BSC will provide building rehabilitation costs assessment so that owners have more understanding on the costs.

The subsidy is applicable to works relating to demolition of unauthorized building works of individual units or works related to safety, hygiene and environment.

One of the eligibility criteria for HRIL is that the domestic property must be solely or jointly owned by individuals (not owned by companies). Any domestic unit owned by a company cannot fulfill such a criterion.

Borrower may opt for early repayment of the loan by giving 1 month’s written notice to the Urban Renewal Authority.Borrower may opt for early repayment of the loan by giving 1 month’s written notice to the Urban Renewal Authority.

The loan will be released by no more than 3 stages according to the actual progress of works. Interest will start accruing on the drawdown date of each loan based on the prevailing interest rate.

In case the registered owner cannot lodge the loan application by himself/herself, he/she may authorise another person to act for him by executing a power of attorney in a law firm. The authorisation should specify that the person concerned has been authorised to act for the owner in dealing with the loan application and loan repayment relating to the property. The authorisation is not confined to any specific form, and may be modified by the solicitor according to the need of the owner.

The first repayment by instalments will be due one month after the final drawdown of the loan. The maximum repayment period is 36 months for an interest-bearing loan and 72 months for an interest-free loan.

No income and asset test under HRIL is required, but the related property must be the only property owned by each applicant in Hong Kong, in any form or manner. Applicant might be required to produce income proof to prove his/her repayment ability.

The total amount of subsidy for CAS is based on the number of units including residential and commercial units.

In general, all repairs works must be commenced upon receipt of approval from the Urban Renewal Authority (URA). Applicant may make a request to the URA if an emergency situation encounters and provide relevant documents for consideration.

The amount of the loan is subject to a ceiling of HK$1 million per unit of accommodation. For a loan of HK$50,000 or above, the applicant should provide security. A company/corporate applicant must provide security irrespective of its loan amount. Security may be provided by providing a Deed of Indemnity, executing a legal charge on a property in Hong Kong or providing a Letter of Guarantee issued by a licensed bank in Hong Kong, subject to the loan amount.

The works must be carried out by registered contractor. Owners have to provide the Business Registration Certificate of the contractor and the quotation listing all repair works item and respective costs breakdown. Repair works must be complied with the related regulations. For example, certificate of completion of works submitted to the Buildings Department (BD) from appointed Minor Works Contractor and subsequent confirmation letter from BD. For details, please refer to the Application Note.

Subject to the provision of all required information and supporting documents, the processing time for a loan application is normally 14 days for the removal of unauthorised building works, and 21 days for repair works in the common areas of buildings.

For application of Building Safety Loan Scheme, all applicants should submit: an application form; and a copy of the applicant’s Hong Kong Identity Card;
 
For application of loans relating to comprehensive building repair works, applicants should submit: works contract/tender document; minutes and notice of the owners’ general meetings with the calculation method for the apportionment of repair costs to each accommodation unit specified; and copy of the repair order/investigation order (if any). 
 
If the maintenance works relating to the loan application is coordinated by the Owners’ Corporation (OC) of the building or the resident organization concerned, which is willing to help provide the necessary documents, the Buildings Department (BD) will directly contact the OC or the resident organization for access to the documents.
 
If the application of loan is related to the demolition of unauthorized building works, the applicant is required to submit a quotation (with the items of works and their prices listed in detail), a copy of the removal order (if any); and a copy of the Business Registration Certificate of the contractor.

Buildings should fulfill all of the following criteria:

 

  • Private residential or composite (commercial & residential) buildings aged 30 or above (according to the Occupation Permit), excluding residential buildings not exceeding 3 storeys; and
  • Buildings of an average rateable value per residential unit not exceeding $162,000 p.a. in the urban areas including Shatin, Kwai Tsing and Tsuen Wan or $124,000 p.a. in the New Territories; and
  • Buildings not in single ownership; and
  • OCs/co-owners having received MBIS Pre-Notification Letters or Statutory Notices issued by BD; and
  • Applicant is required to appoint a person whose name is for the time being on the Inspectors’ Register kept by the BA for the prescribed inspection.
  • Application should be submitted before the appointment of RI.

An indemnifier must be a Hong Kong resident and holder of Hong Kong Permanent Identity Card over 18 years of age, gainfully employed, able to supply a business address and provide a tax assessment or relevant income proof to demonstrate the adequacy of his financial resources. In this regard, a company cannot act as an indemnifier. If one of the directors of the company applicant satisfies the aforesaid conditions of an indemnifier, he can act as an indemnifier in his own capacity for the loan granted to the company applicant.

For early repayment, the borrower is required to apply to the Building Safety Loan Scheme Unit of Buildings Department in writing. If approved, the borrower will not need to pay penalty/penalty interest or administration fee. Interest will accrue up to one calendar day before the repayment date.

After the completion of the approved works, loans will be deposited into the bank account under the name of the applicant.

To be qualified to apply for the loan, the successor (the new owner) is required to obtain a Letter of Administration or Probate, and to register himself as the Administrator/Executrix or registered owner of the property at the Land Registry.

There are interest-bearing loans and interest-free loans. For interest-bearing loans - the applicant is not required to undergo any means tests. For interest-free loans, the applicant must be:
(a) a recipient of the Comprehensive Social Security Assistance (CSSA); or
(b) a recipient of the Normal Old Age Allowance; or
(c) earning income and possessing assets (including those of other household member(s)) within the prescribed limits.

Individual owner can apply the Building Safety Loan Scheme from BD for the loan of his/her contribution amount of works contract.

No, it cannot. OC should submit the application form prior to the commencement of repair works and the appointment of Authorized Person or Qualified professional.

The applicant must be the owner of a private building, be it a domestic, composite, commercial or industrial building. The loan should be used for carrying out the following building maintenance works: improvement of the structure of the building; safety of external walls; fire safety; fire services installations and equipment; building and sanitary services; slopes and retaining walls; removing unauthorised building works (UBWs); and illegal rooftop structures. Applicant should have appointed qualified building professionals/competent contractors to supervise the works.

No. Only the building owners having received MBIS Pre-notification Letters or Statutory Notice can apply MBISS.

The first repayment by instalments will be due one month after the final drawdown of the loan. The maximum repayment period is 36 months for an interest-bearing loan and 72 months for an interest-free loan.

Upon receipt of claim form, the Urban Renewal Authority will grant the subsidy subject to the verification of completed works. Then the subsidy will be released to OC’s bank account. OC should resolve the disposal arrangement of the subsidy at an owners’ general meeting.