Gauteng Commercial Affordable Housing Programme is designed to promote the participation of experienced housing developers and rental property owners in the affordable housing market.
Application Requirements
- No BBBEE required for the developer, however at least two professionals appointed must have 51% BBBEE shareholding
- Maximum total GPF exposure 20% of the development amount
- Equity contribution of 20%
- Loan term of 15 years
- Moratorium of up to 24 months
- 3 percent fee on GPF loan facility plus VAT – minimum of 300 000
- Pricing is base rate at prime, plus margin of 100 basis points
HOW TO APPLY?
Send the following documents via email to [email protected] for assessment.
Comprehensive Business Plan Company Registration Documents Essential Project Information which include:
Approved Zoning
Elevation Plans
Geotech
Elemental Bill of Quantities
For more Information or to apply for funding, contact: Ms Sandra Ruiter – Tel 0111685 6600 Email [email protected]
Application Requirements
No BBBEE required for the developer, however at least two professionals appointed must have 51% BBBEE shareholding
Maximum total GPF exposure 20% of the development amount
Equity contribution of 20%
Loan term of 15 years
Moratorium of up to 24 months
3 percent fee on GPF loan facility plus VAT – minimum of 300 000
Pricing is base rate at prime, plus margin of 100 basis points
HOW TO APPLY?
Send the following documents via email to [email protected] for assessment.
Comprehensive Business Plan Company Registration Documents Essential Project Information which include:
Approved Zoning
Elevation Plans
Geotech
Elemental Bill of Quantities
For more Information or to apply for funding, contact: Ms Sandra Ruiter – Tel 0111685 6600 Email [email protected]
Application Requirements
- No BBBEE required for the developer, however at least two professionals appointed must have 51% BBBEE shareholding
- Maximum total GPF exposure 20% of the development amount
- Equity contribution of 20%
- Loan term of 15 years
- Moratorium of up to 24 months
- 3 percent fee on GPF loan facility plus VAT – minimum of 300 000
- Pricing is base rate at prime, plus margin of 100 basis points
HOW TO APPLY?
Send the following documents via email to [email protected] for assessment.
Comprehensive Business Plan Company Registration Documents Essential Project Information which include:
- Approved Zoning
- Elevation Plans
- Geotech
- Elemental Bill of Quantities
For more Information or to apply for funding, contact: Ms Sandra Ruiter – Tel 0111685 6600 Email [email protected]
