Gauteng Partnership Fund

Who Qualifies

Any company or project (SPV) with a recognised legal form that provides rental or delayed ownership schemes to majority families with a household monthly income less than R15 000. (Adjusted according to CPI) 

Types of Projects

Greenfield developments


GPF investment up to 30% of the total project costs


  • 1st Covering Mortgage Bond (CMB)
  • Personal surety ships
  • Cession of loan accounts
  • Cession of rental income and bank accounts
  • Cession of insurance

Documentation Required

  • Comprehensive Business Plan
  • Company registration documents
  • Essential project information
  • Copy of latest Audited Finacial Statements
  • Equity contribution
  • Any additional information that the banks require

Development Finance Facility

Gauteng Partnership Background

The Gauteng Partnership fund (GPF) was established by the Gauteng Department of Housing to address funding challenges in the affordable housing sector.

The GPF assists the affordable housing sector by:

Providing the risk capital to housing companies.

Providing prospective funders with sustainable entry into social housing financing market by means of various products.

On a project-by-project basis, GPF will assist the housing companies to procure finance at the most favourable terms in order to promote affordable, quality accomodation that is well managed for the target market.

Product OfferingsThe GPF seeks to continually develop products aimed at addressing housing market funding challenges. GPF products are reviewed annually to determine thier effectiveness.

Development Finance Facility

The Development Finance Facility was developed to share financial risk with banks in the funding of developments for affordable housing projects. This facility is made available via commercial funders to developers. This bridging facility aims to facilitate accelerated delivery of new stock supply of affordable housing.

Investment Term

Period: maximum 5 years

Investment Pricing

Prime (blended rate).