The government on Friday dismissed media reports quoting Wang Fuk Court residents as saying they would lose their housing subsidy once they make a long-term rehousing decision. Authorities said it was also untrue that they would have to move out of the transitional housing they are currently living in within 30 days of getting the keys to the new unit they opt for. In a statement, officials said transitional housing operators will be flexible in this regard, and handle cases based on the families' actual needs. It said that as far as the rental subsidy is concerned, Wang Fuk homeowners are entitled to HK$300,000 dollars over two years, and the money is given out in four batches. "If the homeowner is to take the cash after selling the rights to the property and not take part in the Special Sales Exercise, the rent subsidy will be paid until the disbursement date of the relevant amount," the Housing Bureau said. For homeowners who choose to buy a flat through the exercise, the bureau said the subsidy will be paid out until they collect the keys for a new unit. It went on to say that its engagement team will explain the arrangements to homeowners and they can also contact the team at anytime if they have questions. Edited by Aaron Tam
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