HDB Annual Report 2020/2021

More housing support for seniors The Community Care Apartments (CCAs), a new public housing concept for seniors jointly developed by HDB, Ministry of National Development (MND) and the Ministry of Health (MOH), were launched during the February 2021 BTO exercise. The CCAs expand the continuum of residential options for seniors today. It supports seniors who wish to live independently in their golden years within the community, by providing them with homes that integrate senior-friendly design features with care services that can be scaled according to their individual needs. At each level of the block is a furnished communal space for residents to mingle, bond and engage in social activities. For seniors who wish to age-in-place in their current homes, HDB provided greater support for them to monetise their flat, with the enhancement of the Lease Buyback Scheme (LBS). LBS allows elderly owners to sell part of their flat’s lease to HDB to supplement their retirement income. From 1 April 2020, the maximum LBS bonus quantum for home owners of 3-room or smaller flats, 4-room flats, and 5-room or larger flats was increased by 50 percent to $30,000, $15,000 and $7,500 respectively. HDB has various housing and monetisation options in place to help seniors age independently and confidently 15 HDB ANNUAL REPORT 2020/21