More middle-income households now eligible for Special Housing Grant 27 August, Straits Times To help more middle-income families afford a bigger flat, the Housing Board has raised the income limit for first-timers applying for the Special Housing Grant (SHG). The income limit will now be $6,500, a sharp increase from the previous $2,250. This will give a financial boost of up to $20,000 for those who choose four-room flats in non-mature estates. Previously, the grant was targeted mainly at low-income households going for three-room flats in similar areas. The new details were announced by National Development Minister Khaw Boon Wan on Tuesday.
Posted on: Wed, 28 Aug 2013 05:49:57 +0000
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