We're going bankrupt, but can we keep the flat? - 2004-01-25
Q In this column last week, it was mentioned that under an arrangement between the Official Assignee (OA) and the Housing Board, there is no requirement for bankrupts to apply for the OA's consent to acquire a four-room flat or anything smaller.

However, if the flat is mortgaged to a bank, upon bankruptcy, the bank would foreclose on the mortgage and seek to recover its loan. So the bankrupt might well have to downgrade to a smaller flat.
Read the full story at Straits Times

Dennis leaders worry about affordable rentals - 2004-01-25
For more than 20 years, the cedar-shingled homes have given much-needed affordable housing for senior citizens.

But now some Dennis officials are concerned that in the future low-cost rents at Lewis Gordon Senior Citizens Apartments could be phased out.

Gordon says his goal is keeping the apartments affordable. But pre-paying the mortgage could eventually free him from government restrictions that require him to do so.
Read the full story at Cape Cod Online