The project is to have a NT$5 billion budget and target four to six-story apartment buildings aged 30 years or older, as well as terraced townhouses and independent residential buildings that are six stories or fewer, the Ministry of the Interior’s (MOI) proposal said. Each apartment would have a funding ceiling of NT$9.6 million, and interior renovations would be capped at NT$200,000. Elderly residents, defined as those aged 65 or older, and disadvantaged residents would receive a maximum of NT$300,000 in interior renovation funds. The meeting would also discuss amendments to the Expediting Reconstruction of Urban Unsafe and Old Buildings Act (都市危險及老舊建築物加速重建條例), they added. The amendments state that “unsafe and old” buildings eligible for renovation subsidies must have residents in at least half of the building’s residential units.

Source: Taipei Times December 27, 2025 17:13 UTC