Show
6 February 2009
The North West Department of Developmental Local Government and Housing will
be hosting a National Rental Housing Strategy Road Show in an effort to upscale
delivery in the rental accommodation while addressing affordability and access
of the poor to rental accommodation. The one day road show hosted in
partnership with the National Department of Housing (DoH) and South African
Local Government Association(SALGA) is scheduled for 09h00 at Cookes Lake
(Golden Leopard Resort) in Mafikeng on Tuesday, 10 February 2009.
The objective of the road show is to enhance the delivery mechanism for the
implementation of the National Rental Housing Strategy. The strategy sets out
national targets of rental stock to be delivered hence it is important for all
three spheres of government to embrace the programme and provide necessary
support for the successful implementation of the strategy.
The need for the strategy was informed by the housing delivery plan that
government has been implementing since 2004 called Breaking New Ground .The
plan is about the creation of vibrant and sustainable human settlements with
amenities on well located land, it's a shift from a one-size-fits-all approach
in housing, to promoting mixed income and mixed tenure housing options.
Market indicators have shown that the:
* The demand for rental accommodation is rising at least seven percent per
annum for individuals earning between R1 600 to R3 200.
* Since the age limit for subsidy qualification has been dropped from 21 to 18
(years), this is likely to increase the rental housing demand since this age
group is likely to prefer renting accommodation as opposed to buying
property.
* Rental housing demand is projected to grow to over 130 000 units per year by
2011.
The National Rental Housing Strategy will therefore provide interventions to
meet the rental demand by involving all key rental housing delivery partners in
both the private and public sectors.
Enquiries:
Lesiba Moses Kgwele
Tel: 018 387 3814
Cell: 083 629 1987
Fax: 018 384 5426
E-mail: lkgwele@nwpg.gov.za
Issued by: Department of Developmental Local Government and Housing, North
West Provincial Government
6 February 2009
