GPF partnered with Africa Insights at their 2nd Annual Affordable Student Housing Summit on the 29th October 2020. Shiraaz Lorgat who is an Investment Officer at the GPF, presented “Affordable Student Housing Opportunities within the Gauteng Partnership Fund: Student Accommodation, Funding Models and Investment Processes”
On Sunday 14th June 2020 Ms Mahlengi Bhengu, Chairperson of the Gauteng Partnership Fund (GPF), Chief Executive Officer Simphiwe Dzengwa and Chief Investment Officer, Ms Vinolia Mashiane accompanied Human Settlements, Water and Sanitation Minister, Lindiwe Sisulu at the handing over of houses at the Elijah Barayi village in the West Rand.
“The Gauteng Partnership Fund is delighted to be a turnkey partner in the initiative that resulted in today’s event in which we celebrate the handing over of housing units to communities in the Elijah Barayi Village,”said Ms Mahlengi Bhengu.
This project is an example of what can be achieved through productive partnerships between all three spheres of government, development finance institutions, the private sector, and civil society to move people from informal settlements to the dignity of formal housing.
The core mandate of the Gauteng Partnership Fund is to raise and structure the capital required for the implementation of mega projects in Gauteng. We focus on turnkey development by providing property management services for strategic property assets that are transferred to the province for this purpose.
Ms Mahlengi Bhengu stated that the Elijah Barayi Mega Project is one such initiative in which GPF worked closely with government, the private sector, and communities to deliver much-needed housing in the Merafong Local Municipality. When completed the project will successfully deliver almost 12 500 housing units as well as schools, social amenities and commercial developments.
This will contribute greatly to the eradication of informal settlements on the West Rand and address the dire shortage of housing in the province.
The project is making a significant economic impact within the community through job creation and support for local suppliers, small and medium enterprises and companies owned by women and the youth.
To date the project has delivered 587 completed units and a further 2 318 units which are rapidly nearing completion. If you look around the area you will notice many other buildings that are in different stages of construction.
On the 20th October 2019, Deputy Minister of Human Settlements, Water and Sanitation David Mahlobo visited inner City of Johannesburg to inspect the progress of the Urban Renewal Projects as funded by government and private sector partners. The deputy minister was accompanied by Director General, Gauteng Department of Human Settlements, Gauteng Partnership Fund (GPF), National Housing Finance Corporation (NHFC), Social Housing Regulatory Authority (SHRA), Housing Development Agency (HDA) and private developers, where they visited affordable rental housing units. To date GPF in partnership with NHFC and SHRA has facilitated the development of 20 000 units in Gauteng of which a majority are in the inner City of Johannesburg. Projects visited in the Inner City of Johannesburg included:
Plein Street Social Housing Project
Brickfields Gardens – Phase 2
Jewel City Urban Renewal
Kelvin Student Accommodation and
Turffontein Social Housing Projects
Media Site Tour to Montrose Mega Project
The Montrose Mega Project Media Site Tour was held on the 03rd May 2019. The objective of the event was to showcase the integrated and socio-economic opportunities and to give status updates on the project. The site tour was spearheaded by the MEC for Cooperative Governance and Traditional Affairs and Human Settlements Dikgang Uhuru Moiloa accompanied by the MMC of Human Settlements in Rand West City Local Municipality, Brenda Mahuma, MMC of Human Settlements in West Rand District Municipality Councillor Diteko Moreotsenye, Other MMCs and officials from Rand West City Local Municipality, West Rand District Municipality, SCM the Developers of Montrose, Board members of GPF, Chairperson Lindiwe Mthimunye and Nangamso Maponya, CEO of GPF, Mr Simphiwe Dzengwa.
Montrose is a mixed housing development consisting of a mix of affordable housing, low-cost housing, and up-market residential housing. The project is located in the Rand West Municipality, on the South End, opposite Mohlakeng. The development offers an estimated development yield of 13792 (Phase 1- 5602, Phase 2 – 9190) units.
The project consists of the following typologies: BNG/RDP Housing, Community Residential Units, Social Housing, Multi-Storey BNG/RDP, Affordable Housing and the Military Veterans housing units. There are currently 262 houses under construction.
The Social amenities will include state of the art Shopping Mall, Schools, Medical Facilities, a Community Centre, an Early Learning Facility, Filling Stations, Picnic Areas, Nursery/Creche, Walking Paths, Children’s Play Parks and a Facility of Religion.
The launch, handover of houses and media tour at Affri-village Mega Project
The Affri-village Mega Project was launched on the 02nd May 2019. A Media Site tour was also held on the day to showcase integration and socio-economic opportunities within the Mega Cities and to give status updates of the project. The site tour was spearheaded by the MEC for Cooperative Governance and Traditional Affairs and Human Settlements Dikgang Uhuru Moiloa, MMC of Human Settlements in Rand West City Local Municipality, Brenda Mahuma, MMC of Human Settlements in West Rand District Municipality Councillor Diteko Moreotsenye, Other MMCs and officials from Rand West City Local Municipality, West Rand District Municipality, Mwalima Holdings, the Developers of Affri-Village in partnership with Xanado Trade (JV) and Alliance Construction, Board members of Gauteng Partnership Fund (GPF), Pakie Mphahlele, Timothy Sukazi and Nangamso Maponya.
Affri- Village is located in Randfontein within Rand West Local Municipality. The 1st phase of the project consists mainly of the Multi- Storey BNG/RDP units. The first phase was completed by end of April 2019 and 1000 units were ready for handover. About 1000 community members from across the West Rand District Municipality and surrounding areas received their new apartments. Affri-Village Mega City consists of 9 880 units; it includes a shopping centre, four Business Facility Sites, four Crèches, two Primary School and one Secondary School.
The launch took the format of public and stakeholder events where the department and GPF outlined their milestones and celebrated the milestones reached.
The second phase of the project will yield 1172 Multi-Storey BNG/RDP units and it was rolled out in 2019/20 financial year. The development has created economic opportunities for 89 local contractors from (Finsbury, Mohlakeng, Local Wards, Brandvlei and Toekomsrus) and 524 job opportunities.
Phase three, four and five of the project will be located in Magaliesig and it will have different typologies of housing units. The project will commence with phase 3 with 624 housing units, followed by phase 4 with a total of 1622 housing units. Phase 5 will be the last phase of the development and it will have 5600 units.
KEYNOTE ADDRESS BY PREMIER DAVID MAKHURA ON THE OCCASION OF THE GAUTENG MEGA HUMAN SETTLEMENTS INFRASTRUCTURE FUNDING SUMMIT
The Gauteng Partnership Fund (GPF) received a clean audit opinion for the year ended 31st March 2015.
This was a remarkable achievement and an accolade for the GPF as it was acknowledged by the Audit General of South Africa that to sustain such a clean audit report involves a lot of hard work and dedication from the GPF team.
Also it would not have been possible to receive such a clean audit report without the guidance, leadership and support of our Executive Authority, the Gauteng Department of Human Settlements and the GPF Board.
“GPF has been attaining clean audits for more than eight consecutive years,” says the Chief Executive Officer of GPF, Mr Boni Muvevi.
“The attainment of clean audit is underpinned by our value of executing our housing mandate in a transparent, accountable and ethical manner,” Boni emphasized.