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MOP7.5 mln distributed in Q1 for building maintenance

The government disbursed some MOP7.5 million (US$937,193) via the Building Maintenance Fund in the first quarter of 2017. The Fund had granted a total of 90 applications, of which 61 cases related to the maintenance and inspection of communal areas of buildings, and the removal of unauthorized building works. The other 29 cases were associated […]

The government disbursed some MOP7.5 million (US$937,193) via the Building Maintenance Fund in the first quarter of 2017.
The Fund had granted a total of 90 applications, of which 61 cases related to the maintenance and inspection of communal areas of buildings, and the removal of unauthorized building works.
The other 29 cases were associated with support for meetings for owners of residential, commercial and industrial buildings.
The Fund, established in 2007, has set up a total of six financial support schemes.
Up until March 31, 2017 the Fund had given out some MOP330 million in funding for a total of 3,277 approved applications.
Meanwhile, the Housing Bureau revealed that the administrative management committee of the fund will unveil details regarding the procedures and conditions of the applications every quarter on the Bureau’s website starting this year, including information about the approved applications and amounts disbursed.

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