The Chief Executive Officer of the Gauteng Partnership Fund (GPF), Lindiwe Kwele has called on the private sector to join forces with entities such as the one she leads, in order to address the housing shortage in the province.
With hundreds of thousands of people flocking into Gauteng annually, the housing backlog is estimated to be around 1.2 million. Demand for housing continues to outstrip government budgets.
At its inaugural GPF Funding Seminar, which included key stakeholders in the affordable housing sector, Kwele told attendees: “Our clean financial audit reports over the past 13 consecutive financial years are indicative of an organisation with sound financial management and governance processes. This favourable audit status continues to build strong investor confidence.”
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