{"id":121981,"date":"2021-09-14T01:44:31","date_gmt":"2021-09-13T18:44:31","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/immediate-action-taken-to-recover-wrongly-disbursed-housing-grants\/"},"modified":"2021-09-14T10:10:47","modified_gmt":"2021-09-14T03:10:47","slug":"immediate-action-taken-to-recover-wrongly-disbursed-housing-grants","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/immediate-action-taken-to-recover-wrongly-disbursed-housing-grants\/","title":{"rendered":"Immediate action taken to recover wrongly disbursed housing grants"},"content":{"rendered":"


\nImmediate action taken to recover wrongly disbursed housing grantsIn its audit of government accounts for the year 2020\/2021, the Auditor-General\u2019s Office (AGO) revealed that housing grants amounting to $405,000 had been given to ineligible applicants.
\nThe Housing and Development Board (HDB) has taken immediate action to recover the housing grants wrongly disbursed to 12 ineligible applicants, reported Channel News Asia (CNA) citing National Development Minister Desmond Lee.
\nIt is also working to verify the eligibility of the remaining 1,055 applicants that were flagged by the Auditor-General\u2019s Office (AGO) during its latest audit of public agencies.
\nLee shared that the verification process is expected to be completed \u201cby or before the year-end\u201d.
\nHe made the statement in response to Member of Parliament Sylvia Lim\u2019s (WP-Aljunied) question on the lapses noted by AGO in its July report.
\nIn its audit of government accounts for the year 2020\/2021, AGO revealed that housing grants amounting to $405,000 had been given to ineligible applicants.
\nThis was discovered following checks on 22,627 resale HDB applications which obtained either the Singles Grant or Family Grant between 1 April 2018 and 30 September 2020.
\n\u201cAGO found that HDB had disbursed grants to 13 applicants who did not meet the eligibility criteria. Of the 13 applicants, HDB has since verified that one applicant had in fact been correctly assessed for the grant disbursement,\u201d Lee said in Parliament on Monday (13 September) as quoted by CNA.
\nFurther investigations showed that the grants were wrongly disbursed to 12 applicants who had failed to declare material information to HDB such as their private property ownership and actual income.
\nThe minister said the omission was not detected during verification checks.
\nLim asked whether there were cases in which the suppression of information was not deliberate or may have come from a misunderstanding of the eligibility criteria or information needed to be provided.
\nTo this, Lee said the authorities will look at the circumstances and facts of each case.
\n\u201cSome of the instances of suppression of material information may have been deliberate; some of it may have been a misunderstanding. We\u2019ll have to look at it case by case.\u201d
\nAside from taking action to recover the grants, process improvements and automated eligibility check processes will also be implemented by the HDB.
\nApplicants for Central Provident Fund (CPF) housing grants should declare all relevant information regarding themselves, the proposed occupiers of their HDB units and submit documentary proof of employment, income and private property ownership details, if any.
\nEach application will be assessed by the HDB by manually verifying the declared incomes against documents submitted by the applicants and their occupiers. These include employers\u2019 letters, payslips, history of CPF contributions and commission statements.
\nFor private property ownership, HDB will verify documents like Transfer Instrument, the Notice of Transfer and the Sale and Purchase Agreement.
\nLee noted that the verification process is often complex, particularly when flat buyers and their occupiers own multiple properties or have multiple sources of income, both local and overseas.
\nHe explained that the automation of checks and process improvements will enable HDB to more accurately and efficiently assess the applicants\u2019 eligibility even if they fail to declare material information.
\n\u00a0
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this story, email:\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Immediate action taken to recover wrongly disbursed housing grants<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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The Housing and Development Board\u2019s (HDB) Proximity Housing Grant has received a very encouraging response, with 5,217 households applying for the scheme as at 31 August, involving a total grant of $100.8 million, reported\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114503,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-to-offer-more-two-room-flats-in-may-and-august-sale-exercises\/","url_meta":{"origin":121981,"position":4},"title":"HDB to offer more two-room flats in May and August sale exercises","date":"February 25, 2020","format":false,"excerpt":"\r The upcoming BTO exercises in Tengah, Choa Chu Kang and Woodlands will offer more two-room flats for singles 35 years old and above.\u00a0 HDB will offer more two-room Build-To-Order (BTO) flats in Tengah, Choa Chu Kang and Woodlands as more singles acquire homes following a rule change in 2013,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104793,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-bto-projects-to-be-announced-earlier-balloting-time-shortened\/","url_meta":{"origin":121981,"position":5},"title":"New BTO projects to be announced earlier, balloting time shortened","date":"March 8, 2019","format":false,"excerpt":"\r HDB will start sharing information about upcoming BTO projects six months in advance, instead of the current three months. 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