12 Dec '16, 4am

New post added at LushHomeMedia - Proximity Housing Grant has helped over 4,300 families: HDB

The Housing & Development Board (HDB) announced on Saturday (Dec 10) it has given out about S$83 million in Proximity Housing Grants (PHG) since the scheme was announced over a year ago, helping more than 4,300 families. HDB said the response to the scheme “has been very encouraging” as it gives Singaporeans more options to buy a resale flat with or near their parents or married children, in their preferred location in the resale market. “It complements other measures to help Singaporeans buy a new HDB flat with or near their parents or married child, such as the Married Child Priority Scheme, Multi-Generation Priority Scheme, Senior Priority Scheme and the three-generation flats,” HDB added. The Proximity Housing Grant was introduced to help Singaporeans buy a resale flat with or near their parents or children for mutual care and support. All eligible families receive a g...

Full article: http://www.lushhomemedia.com/manage_posts/2016/12/12/prox...

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