148459 HUMAN SETTLEMENT BOOK DRAFT TWO

Social Housing S ocial Housing is a rental or co-operative housing option for households earning between R1 850 - R22 000 per month. Social Housing projects require management by an institution, which should be an accredited Social Housing Institution. Social Housing projects are developed within areas that contribute to spatial, economic, and social development. “The demand for social housing and student housing is overwhelming. Our Social Housing Programme has about R140bn worth of assets. In his fourth State of the Nation Address, His Excellency President Cyril Ramaphosa announced that R64bn of the R700bn from the Infrastructure Fund will be spent on social housing and student accommodation. SHRA partnered with the Infrastructure Fund to develop six new social housing projects from transformed delivery agents with an allocation R305 million over the next two years.” Minister of Human Settlements: Mmamoloko Kubayi 10/05/2023

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