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R10bn set aside to deal with 'nightmare' of informal settlements

R10bn set aside to deal with nightmare of informal settlements
18 May 2021 - 20:33
The increasing need for housing has prompted the government to set aside R10bn to upgrade informal settlements in the next three years, Lindiwe Sisulu announced on Tuesday.
Image: Trevor Samson
The increasing need for housing has prompted the government to set aside R10bn to upgrade informal settlements for the next three years, human settlements, water and sanitation minister Lindiwe Sisulu announced on Tuesday.
Sisulu made the revelation at the National Assembly, where she delivered her budget for the 2021/22 financial year.
“The need for housing our own people is long and growing, with 2.2 million households still living in informal settlements. And when you consider migrants from neighbouring countries also seeking employment, then you can understand the nightmare we have to deal with year in and year out,” she said. ....

Emma Powell , Mathibe Mohlala , Lindiwe Sisulu , National Assembly , Human Settlements Development Bank , National Housing Finance Corporation , எம்மா போவல் , தேசிய சட்டசபை , மனிதன் குடியேற்றங்கள் வளர்ச்சி வங்கி , தேசிய வீட்டுவசதி நிதி நிறுவனம் ,

City of Cape Town's rental stock to be upgraded in partnership programme

City of Cape Town’s rental stock to be upgraded in partnership programme
14 May 2021 - 15:07
A partnership between the City of Cape Town and National Housing Finance Corporation will see an upgrade and maintenance of the city’s rental stock. Stock photo.
Image: 123RF/andiafaith
The National Housing Finance Corporation (NHFC) has formed a partnership with the City of Cape Town which will see an upgrade and maintenance of the city’s rental stock, estimated at 57,000 units.
The partnership was announced this week by human settlements, water and sanitation minister Lindiwe Sisulu.
She said the partnership would go a long way in providing decent, secure and affordable accommodation to the people who live and work in Cape Town. ....

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Human Settlements Development Bank close to being finalised

Human Settlements Development Bank close to being finalised
29 April 2021 - 14:32
In 2019 President Cyril Ramaphosa announced that the government would establish the Human Settlements Development Bank, which aims to expedite the delivery of houses in the country. The state set a target of building 500,000 houses by 2024. File photo.
Image: SINO MAJANGAZA
Deputy minister of human settlements, water and sanitation Pam Tshwete on Thursday told parliament that the establishment of the Human Settlements Development Bank (HSDB) was at an advanced stage.
“The bill for the bank has been drafted. It has been sent to the state law advisers for scrutiny and it will be presented to the cabinet in May. It will then go for public comments, which is important, it cannot be finalised without going for public comment,” said Tshwete. ....

Sizwe Tati , Banking Association Sa Basa , Lindiwe Sisulu , Banking Association , Human Settlements Development Bank , Pam Tshwete , Human Settlements Bank , Cyril Ramaphosa , National Housing Finance Corporation , Low Cost Housing , வங்கி சங்கம் ச பாசா , வங்கி சங்கம் , ர சி து , மனிதன் குடியேற்றங்கள் வளர்ச்சி வங்கி , தேசிய வீட்டுவசதி நிதி நிறுவனம் , குறைந்த செலவு வீட்டுவசதி ,

Use abandoned buildings to address housing backlog: Bathabile Dlamini

"People want to live closer to work environments where they have access to transport . Covid-19 and job losses have affected affordability," said Mandu Mamatela from the National Housing Finance Corporation. ....

Cape Town , Western Cape , South Africa , South African , Sizwe Tati , Human Settlements Development Bank , National Housing Finance Corporation , Bathabile Dlamini , Madu Matamela , Social Housing Regulatory Authority , Home Ownership , கேப் நகரம் , மேற்கு கேப் , மனிதன் குடியேற்றங்கள் வளர்ச்சி வங்கி , தேசிய வீட்டுவசதி நிதி நிறுவனம் , சமூக வீட்டுவசதி ஒழுங்குமுறை அதிகாரம் , வீடு ஓநர்‌ஶிப் ,

Use abandoned buildings to address housing backlog: Bathabile Dlamini

Use abandoned buildings to address housing backlog: Bathabile Dlamini
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Cape Town , Western Cape , South Africa , South African , Sizwe Tati , Human Settlements Development Bank , National Housing Finance Corporation , கேப் நகரம் , மேற்கு கேப் , மனிதன் குடியேற்றங்கள் வளர்ச்சி வங்கி , தேசிய வீட்டுவசதி நிதி நிறுவனம் ,