CoCT's human settlements directorate plans to spend more than R8.4bn in next 3 years on housing

CAPE TOWN - The City of Cape Town's human settlements directorate said it planned to spend more than R8.4 billion in the next three years to build new houses, and to upgrade informal settlements and council flats.
 
Several housing projects have been delayed by extortion rackets in the city recently, denying thousands of beneficiaries housing opportunities.

Construction workers have become targets of threats and violence by people demanding money for protection.

A city of Cape Town official was also shot and killed at a construction site in Belhar more than two years ago.

The City of Cape Town said that R930 million would be allocated to formal subsidy housing for the elderly, child-headed households, and people with disabilities.

Human Settlements MMC Carl Pophaim said the delivery of more affordable houses for those earning less than R32,000 per month also remains a priority.
 
He said that in the past two years, they'd released land parcels offering more than 4,000 residential opportunities.
 
Pophaim said they'd constructed and completed 5,000 social housing units in well-located areas across the metro.

He added that they also have some 12,000 opportunities for affordable rental housing opportunities in the pipeline in urban centres across Cape Town.
 
The MMC’s called on private and civic sector partners to get on board and help them realise these goals.