The Social Housing Fund was developed for social housing institutions that require an equity injection to the project. The GPF equity enhances the debt to equity ratio for projects to enable lenders to finance, on favourable terms.
One of the most common additions people make to their cars in order to keep the heat out is a windshield visor. Cars become warm in the summer because direct sunlight enters in through the windows. This is why we park in the shade whenever we can. Since the largest windshield.
Any social housing institution or Project Special Purpose Vehicle (SPV) with a recognised legal form that provides rental or delayed ownership schemes to majority of families with household with monthly income less than R15 000 (adjusted according to Consumer Price Index CPI).
The institution 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 Mr. Shiraaz Lorgat
Tel: 082 603 2240
Email: shiraazl@gpf.org.za
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