Urban Renewal

48.     Under the new Urban Renewal Strategy in place since February, the URA has devised specific measures which include the “flat for flat” scheme, as well as the new “facilitator” scheme and “demand-led” scheme for urban renewal.  The first Urban Renewal Forum in Kowloon City and the Urban Renewal Fund Limited have been set up.  The Integrated Building Maintenance Assistance Scheme has also been launched to provide property owners with one-stop service.  In addition, the URA's first Urban Renewal Resources Centre in Tai Kok Tsui is expected to come into service early next year.

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