Rental Housing Fund
The GPF Assists the Affordable Housing Sector by:
- Providing public funding as equity cushion to investors.
- Risk sharing and co-funding with prospective funders.
Product Offerings
The GPF seeks to continually develop products aimed at addressing housing market funding challenges. GPF products are reviewed annually to determine their effectiveness.
Rental Housing Fund
The Rental Housing Fund was developed for rental housing entities that require additional funding in to the project. The equity type loan enhances the debt to equity ratio for projects to enable lenders to finance, on favourable terms.
Who Qualifies
Any company or project Special Purpose Vehicle (SPV) with a recognised legal form that provides rental or delayed ownership schemes to households with monthly income less than R15 000 (Adjusted according to Consumer Price Index CPI).
The entity must demonstrate to GPF that they have the technical resource capacity to successfully complete the project as well as efficiently manage the property thereafter.
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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