ANC Today -10 May.

Housing and human settlements

(They say)Positive results are emerging in the implementation of the comprehensive programme
dealing with human settlement and social infrastructure. Banks have indicated that
R35 billion has been released for financing housing development and ownership. The
upward movement of interest rates has however eroded the affordability of housing.

An inclusionary housing policy has been finalised and implemented across private and
publicly driven housing development. Multiple housing projects that are designed as
mixed use and mixed income housing developments serve to ensure cross subsidisation
and achieve inclusionary housing objectives.

Over 100,000 units are planned in projects such as Cosmo City, Olievenhoutbosch,
Chief Albert Luthuli and Mogale (Gauteng), Bendor and Lephalale (Limpopo) and
Klarienet (Mpumalanga). At the same time, a voucher system for building materials in
rural areas to support the self-build initiative is being investigated by the
Department of Housing. The Rental Housing Act has been amended to improve the
regulation of tenant-landlord relations.