Fresh Start Housing Scheme: A Fresh Start for Families

In April, I spoke about the new Fresh Start Housing Scheme. The scheme aims to help second-timer families in public rental flats and with young children to own a home of their own again. I’m happy to announce that Fresh Start is now open for application!

Some second-timer public rental families are ready and hoping to own a home again – they are in stable employment, manage their finances well, and have a stable home environment. However, they may find it challenging to buy a flat, or have worries about making a substantial financial commitment.

Fresh Start will help to bridge the gap for these families by allowing them to buy a more affordable 2-room flat on a shorter lease, and giving them another HDB concessionary rate loan and a new Fresh Start Housing Grant of up to $35,000.

The Ministry of Social and Family Development (MSF) and HDB will assess the readiness of families who apply, and check in with families who are on the scheme to ensure they remain on track.

We are starting with a more targeted approach. So the number of Fresh Start families may not be large to begin with. But we will keep the scheme open, and families who are keen but do not qualify on their first attempt can apply again when they are more ready. Meanwhile, I encourage them to persevere toward homeownership and seek help to improve their situation.

This scheme marks a new way of integrating housing and social assistance, and implementing it will be a learning process for all agencies involved. This is why I have approached Dr Mohamad Maliki Osman to chair a Fresh Start Advisory Committee to support outreach efforts and provide guidance on the implementation of the scheme.

Dr Maliki was in MND when the scheme was initiated, and has a great deal of experience and knowledge in both social work and housing policy. The committee includes members who are deeply involved in the social sector and community work, and I am glad for their help in getting the scheme off to a good start.

Interested families may visit the HDB InfoWEB or their nearest HDB Branch to find out more. Not everyone will take up the scheme or qualify for it initially. But I know it will make a lot of difference to each family who does, and I wish them all the best in their journey towards home ownership.

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