The Housing Authority introduced in the past few decades various subsidised home ownership schemes, including the Home Ownership Scheme (HOS), the Tenants Purchase Scheme (TPS) and the Home Assistance Loan Scheme. We have also been operating the HOS Secondary Market Scheme, which provides an alternative for public rental housing (PRH) tenants to own a home. This in turn enables us to recover more PRH flats for allocation to families in need. In response to the aspirations of low- and middle-income families to buy their own homes, the Chief Executive announced in the 2011/12 Policy Address the resumption of the HOS. We will produce the new HOS flats and work out the implementation details.