Empowerment Entrepreneur Property Fund
The Entrepreneur Empowerment Property Fund (EEPF) is a programme designed to promote participation of previously disadvantaged owned companies in the affordable rental property market.
Who Qualifies
Companies with HDI 100% shareholding, HDI women and youth owned applicants are encouraged
- A potential project that can yield a minimum of 15 affordable housing units in Gauteng;
- Equity contribution of minimum 3% of total project cost;
- At least 75% of professionals and contractors must have majority HDI shareholding;
- Applicants who are first time property entrepreneurs are encouraged;
- First time property developers will be limited to a project with the maximum total project cost of R20 million;
- A project that is ready for implementation from a town planning perspective