The income and asset limits for public rental housing applicants will be raised by 5.8% and 7% on average from April 1, the Housing Authority announced today.
Taking four-person households as an example, the monthly income limit will increase from $23,910 to $25,250 and the asset limit will increase from $455,000 to $487,000.
The limits are reviewed annually to keep them in line with prevailing socio-economic circumstances.
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