Western Cape Human Settlements MEC Bonginkosi Madikizela will hand over 91 titled deeds in Belhar, Cape Town. 21 of the beneficiaries are over 60 years of age, and the oldest, DJ Theunissen, is 81.
The title deeds transfer and handover is part of the department’s strategy to inculcate a sense of ownership and responsibility amongst housing beneficiaries. Through receiving the deeds, beneficiaries are formally empowered as home owners.
The handover is part of the government’s EEDBS (Enhanced Extended Discount Benefit Scheme) policy that allows for the transfer of pre-1994 public housing into the beneficiaries’ names. The houses were originally sold to beneficiaries under a loan agreement. However, the title deeds were not transferred from the government to the beneficiaries until the loans were paid off.
Using the current housing subsidy, the government pays an amount towards the outstanding loan, and if the loan is cleared using the subsidy contribution, then the house is transferred to the beneficiary.
The subsidy amount depends on the income level of the beneficiary. Many of the beneficiaries are unemployed, and live off a government social grant.
Date: Tuesday, 23 October 2012
Time: 13h00
Venue: Hugenot Belhar Minor Hall
Directions:
From Cape Town take the N2 towards airport. Take the Modderdam turnoff, turn left, and then at the 4th set of traffic lights turn right onto the Stellenbosch Arterial Road. Continue straight, and at the 3rd set of traffic lights, you will see the Airport Mall and a KFC. Turn left, go past the BP Garage, and the Hugenot Hall will be on the right.
For media enquiries:
Bruce Oom, Spokesman for MEC Bonginkosi Madikizela,
Cell : 072 4655 177
Tel: 021 483 6622
Fax: 021 483 3888
