HONG KONG, October 10 — Hong Kong officials announced a substantial expansion of the Tai Po Wang Fuk Court Relief Fund today, escalating its value to HK$3.4 billion, following a devastating Category 5 fire that caused significant casualties at the residential estate. Chief Secretary for Administration Eric Chan and Secretary for Home and Youth Affairs Alice Mak met with the press to detail the increased funding and new relief measures aimed at supporting affected residents.
The massive financial infusion comes as a supervisory committee, chaired by Mr. Chan, formally approved a crucial HK$100,000 special subsidy for every unit owner at Wang Fuk Court. This allocation directly addresses financial hardships faced by property holders, many of whom have endured loss of rental income or incurred substantial repair costs for their damaged units.
Relief Fund Swells Through Public Generosity
Mr. Chan confirmed that the relief fund now totals HK$3.4 billion, comprising a HK$300 million seed fund from the government and approximately HK$3.1 billion in external donations received to date. He underscored the commitment to transparency, stating that the fund’s accounts will be subject to thorough auditing by the Audit Commission and legislative oversight via reports to the Legislative Council.
The phenomenal public response has seen the fund receive over 263,000 separate donations. While the majority—around 257,000 contributions—were under HK$10,000, approximately 170 large donations of over HK$5 million accounted for a substantial HK$1.7 billion of the total raised.
In recognition of public generosity, the government detailed simplified procedures for claiming tax deductions on donations. For amounts of HK$50,000 or less transferred digitally to the fund’s account, donors only need to retain their transaction records for verification, streamlining the process significantly.
Direct Cash Aid Targets Homeowner Distress
The newly announced HK$100,000 subsidy aims to mitigate acute financial pressure on homeowners. This aid is calculated per residential unit, irrespective of the number of individuals owning it, focusing the benefit directly on the property severely impacted by the blaze.
This special payment is in addition to earlier support measures, which included an HK$200,000 compassionate payment to the families of those who died in the fire, and a HK$100,000 living allowance provided to every affected household.
When questioned about the potential for further increases to these existing allowances, Mr. Chan emphasized that the government’s relief efforts are needs-based and dynamic. He affirmed that if ongoing engagement with residents reveals additional unaddressed needs, officials would consider tailored solutions for expanded support.
Officials Pledge Swift, Flexible Response
Secretary Mak highlighted the government’s adoption of flexible and rapid response mechanisms that exceed standard disaster protocols, necessitated by the scale of the Wang Fuk Court tragedy. She pointed out that handling over a quarter-million donation transactions required significant cross-departmental coordination and procedural agility.
Beyond the immediate recovery efforts, Ms. Mak stressed the imperative for proactive measures to prevent similar catastrophic events in the future. The first meeting of the Tai Po Wang Fuk Court Relief Fund Steering Committee, presided over by Mr. Chan, formalized the oversight framework for the multi-billion-dollar fund today, marking a critical step in the long-term recovery and financial governance process. Specific details regarding tax receipts for donors are expected to be announced next week.