SA GOVT. ANNOUNCE SIX MEGA SOCIAL HOUSING PROJECTS

After South Africa President Cyril Ramaphosa announced the plans for many infrastructural projects, the Human Settlements, Water and Sanitation Minister, Mmamoloko Kubayi-Ngubane, has announced the construction of six mega social housing projects in the coming two years.

According to Kubayi-Ngubane the project will have Five Social Housing Institutions and one other development agency which will be funded through equity and debt financing to develop these projects.

The project includes; Fochville Extension 11 in the West Rand District Municipality, Gauteng (This is expected to will consist of 2 198 residential units, out of which 258 will be Social Housing Units (SHU).

Hospital Street in Mujuba District Municipality, KwaZulu-Natal (Expected to consists of 53 four-storey building blocks consisting of 1 056 units).

Germiston Extension 4 in Ekurhuleni Metropolitan Municipality, Gauteng. (The project has planned 201 SHUs to accommodate 601 people).

Kwandokuhle Social Housing Project in Gert Sibande District Municipality, Mpumalanga. (The project involves construction of a total of 492 SHUs in Govan Mbeki Local Municipality in the Gert Sibande District Municipality, Mpumalanga province)

Hull Street Phase 1 in Francis Baard District Municipality, Northern Cape. The Hull Street Social Housing Project envisions delivering a total of 600 SHUs in two phases.

The Willow Creek Project is located in Ermelo, in the Msukaligwa Local Municipality in the Gert Sibande District Municipality, Mpumalanga province. The project entails the construction of 360 SHUs in the Ermelo Central Business District (CBD).

The plans is great for the country especially as it will help to disrupt the apartheid spatial development and make cities more inclusive.

Meanwhile, Kubayi-Ngubane said that the Social housing is financed with a combination of government funding, debt and equity making this subsector more dynamic and attractive for public-private partnership.

He further noted that it is for this reason that social housing has been identified as an integral part of the infrastructure investment, which is central to the success of the Economic Reconstruction and Recovery Plan.

SOURCE: SANews