MyZA

News, Directory, Events and Other Stuff

You are here: Home / News / President Ramaphosa to launch Northern Cape housing project

President Ramaphosa to launch Northern Cape housing project

President Ramaphosa to launch Northern Cape housing project

President Cyril Ramaphosa is expected to launch a housing project in the Northern Cape on Thursday which, when complete, is expected to deliver more than 4 000 housing units.

According to the Presidency, the project is expected to deliver some 4 168 houses, with at least 2 500 of those homes to be completed within the next year.

“Working with National Treasury, the Northern Cape Provincial Government has sought a R600 million loan from the Development Bank of South Africa to supplement its baseline grant allocation for housing.

“The housing units established in this project will address the pressing need for housing opportunities in the province, where approximately 162 informal settlements and nearly 80 000 households lack adequate housing.

“Presently, 18 000 serviced stands across the province are prepared for the construction of housing structures,” the Presidency said.

President Ramaphosa is expected to perform a sod-turning ceremony at a site.

“This location will host fully subsidised houses and diverse housing opportunities, including First Home Finance and social housing,” the Presidency said. – SAnews.gov.za

NeoB
Wed, 01/17/2024 – 13:31

39 views

Wednesday, January 17, 2024

President Cyril Ramaphosa is expected to launch a housing project in the Northern Cape on Thursday which, when complete, is expected to deliver more than 4 000 housing units.

According to the Presidency, the project is expected to deliver some 4 168 houses, with at least 2 500 of those homes to be completed within the next year.

“Working with National Treasury, the Northern Cape Provincial Government has sought a R600 million loan from the Development Bank of South Africa to supplement its baseline grant allocation for housing.

“The housing units established in this project will address the pressing need for housing opportunities in the province, where approximately 162 informal settlements and nearly 80 000 households lack adequate housing.

“Presently, 18 000 serviced stands across the province are prepared for the construction of housing structures,” the Presidency said.

President Ramaphosa is expected to perform a sod-turning ceremony at a site.

“This location will host fully subsidised houses and diverse housing opportunities, including First Home Finance and social housing,” the Presidency said. – SAnews.gov.za

Read More at the Source

Category: Tag: , , , , ,

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:

Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • Older Persons Grants Land Today — No Need to Queue at Dawn

    Dear Editor, Older Persons grants are paid today, 30 October, under SASSA’s revised November payment schedule — with disability grants on Monday 2 November, children’s grants on Tuesday 3 November, and grants under review on Thursday 5 November. Two things every beneficiary should know. First, grant money does not expire on payment day. It stays…

  • November Grants Pay Early – No Need to Queue at Dawn

    Dear Editor, I run SAGrant (sagrant.co.za), a free resource helping South Africans navigate SASSA grants. November grants pay earlier than usual. Older Persons grants are paid on Friday 30 October, Disability grants on 2 November, and Child Support and other grants on 3 November. Grants still under review are paid on 5 November. The money…

  • NSFAS 2027 applications close on 31 October — SASSA households, apply now

    Dear Editor, I run SAGrant (sagrant.co.za), a free resource helping South Africans navigate SASSA grants. NSFAS applications for the 2027 academic year close on Friday 31 October 2026, and no extension is expected. If your household receives a SASSA grant, your child already passes the NSFAS financial eligibility test — but they still have to…

Reader Interactions

Comments

  2. The wonder of a man with a running stomach is that he knows the direction of the door without anybody’s guidance.