To assist lower-income families to acquire home ownership, the Housing Authority (HA) introduced the Home Ownership Scheme (HOS), the Tenants Purchase Scheme (TPS) and the Home Assistance Loan Scheme (HALS) over the past few decades. Following the cessation of production and sale of HOS flats in 2003, the unsold and returned HOS flats (collectively known as surplus HOS flats) were offered for sale by phases from 2007 onwards. On 7 February 2013, the Subsidised Housing Committee of the HA endorsed the sales arrangements for all the 832 remaining surplus HOS flats under Phase 7. The sales exercise of the Surplus HOS Phase 7 was closed on 6 September 2013, with all the 832 flats sold.
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. The HA will produce the new HOS flats and work out the implementation details.
The TPS was ceased after the launch of Phase 6B in 2005 and 2006, but sitting tenants of the 39 TPS estates can still opt to buy the flats they are residing in. The HALS was terminated with effect from 14 July 2004.