https://www.engineeringnews.co.za
Africa|Housing|Projects|Infrastructure
Africa|Housing|Projects|Infrastructure
africa|housing|projects|infrastructure

SHRA encouraged by social housing progress

25th February 2022

By: Darren Parker

Creamer Media Contributing Editor Online

     

Font size: - +

The Social Housing Regulatory Authority (SHRA) has said it is “encouraged” by government’s commitment to the development of social housing across South Africa, following Finance Minister Enoch Godongwana’s Budget speech on February 23.

The Budget highlighted that human settlements projects included six integrated residential development programmes, ten social housing projects and two high-impact privately led developments.

These 18 projects – gazetted under the Strategic Integrated Projects portfolio – have a total investment value of R142-billion and will provide housing for more than 170 000 people. The portfolio is projected to create more than 578 000 jobs during development, with more than 89 000 being permanent jobs.

“It was encouraging to hear the renewed commitment from government to sustain economic growth that can [help] South Africa create enough jobs to reduce poverty and inequality, enabling us to reach our goal of a better life for all,” said SHRA acting CEO Mpolai Nkopane in a statement on February 25.

She said these sentiments echoed recent statements by Public Works and Infrastructure Minister Patricia De Lille, as well as head of Infrastructure South Africa Dr Kgosientsho Ramokgopa, who both expressed that the human settlements sector was progressing at an accelerated pace owing to social housing having received much attention over the past 12 months.

“The SHRA has worked closely with the Infrastructure Fund, where they were able to unlock R305-million in approved funding over two years for the priority social housing projects,” Nkopane concluded.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Array

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.089 0.144s - 161pq - 2rq
Subscribe Now