Durban allocates R277m for housing projects

Durban City’s Executive Committee (Exco) has approved R277m for the completion of various housing projects with the municipal area.

The projects, according to the eZasegagasini Metro, the official municipality publication, include the building of 7 000 houses and in some cases the installation of basic services in 32 of the city’s 100 wards.

The head of the City’s Housing Unit, Cogi Pather, said building work would start immediately.

“The approval by Exco means we can immediately start addressing deserving cases by building temporary houses and delivering basic services.” Pather said a more extensive roll-out of the project could be expected in two months,.

In a report to Exco, the Housing Department said it required the city to provide funding from the Housing Development Fund and Slums Clearance Programme to speed up delivery.

The department said the projects were ready for approval and subsidies form the provincial Department of Housing, but “the submission and approve process is time consuming.”
Loading comments
More news articles
news
Guidelines to securing a home loan
29 May 2018
Many young South Africans are working hard to achieve their dream of purchasing their first home. However, the process can be challenging due to the daunting application process, which can take up to 2 years and is often enough to discourage prospective buyers.
read more
news
Things you should consider before upgrading to a new home
23 Apr 2018
The thing about the property ladder is that at some point in our lives we all have reason to want to climb a rung or two higher. Sometimes, it’s because we’ve outgrown our previous dream home, or because we want to be in a better neighbourhood that’s closer to work or to schools. Sometimes it’s because our circumstances have changed, and we’re taking care of elderly parents or relatives. Sometimes, it’s just because we want a property that reflects the financial status our hard work has won.
read more