Commercial Housing Fund

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 development amount
  • Equity contribution of 20%
  • Loan term of 15 years
  • Moratorium of up to 24 months
  • 3% fee on GPF loan facility plus VAT – minimum of R300 000
  • Pricing is base rate at prime, plus margin of 100 basis point

How to apply

Send the following documents via email to sandrar@gpf.org.za for assessment:

  • Comprehensive Business Plan
  • Company Registration Documents
  • Essential Project Information:
  • Approved zoning
  • Geotech
  • Elevation plans
  • Elemental Bill of Quantities

For more information or to apply for funding, contact;

Ms Sandra Ruiter

Tel: 082 850 9170

Email: sandrar@gpf.org.za

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