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

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The National Housing Finance Corporation 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.

“Our sector plays a key role in stimulating the economy to produce much-needed jobs and opportunities in our delivery value chains, especially for the designated groups. This project will assist us to achieve urban restructuring, meet housing demand, create jobs and transform our communities.”

provided by the government to encourage home ownership for those who earn between R3,501 and R22,000 a month.

 

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