New subsidies provided for Hong Kong fire victims' resettlement

The Hong Kong Special Administrative Region government announced on Thursday that it will provide a HK$150,000 ($19,277) rental subsidy annually for two years and a one-time HK$50,000 relocation grant to each homeowner displaced by November's deadly Wang Fuk Court fire.

Tenants will also be eligible for the HK$50,000 relocation allowance, officials said at a news conference.

The HK$150,000 yearly rental aid will be distributed in two equal semiannual tranches. The first HK$75,000 installment, along with the relocation grant, will be disbursed from Monday through social workers assigned by the government.