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A Dialogue On Partnerships For Affordable Housing And Infrastructure Development 31 th May 2012 Cape Town. Context. Context. Project Finance. Property Finance. Bulk & Link Services Social Amenities. Bridging loans Term finance Internal reticulation House construction Commercial.
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A Dialogue On Partnerships For Affordable Housing And Infrastructure Development31th May 2012Cape Town
Project Finance Property Finance • Bulk & Link Services • Social Amenities • Bridging loans • Term finance • Internal reticulation • House construction • Commercial Land ID & Acquisition Project Packaging Project Management Integrated Infrastructure & Affordable Housing Deal Structuring Marketing & sales Relationship Management Public Sector Home Loans State Relationships Policy and subsidies • Mortgage finance • Instalment sales
Current Initiatives • Establishment of the Human Settlements Department • Proposed Consolidation of the Development Finance Institutions in the Human Settlements Department • Review of the Finance Linked Subsidy Programme • Proposed introduction of a Default Insurance Programme • Impact & Performance Evaluations & Policy Review • Establishment of improved Development Finance Institutions within the scope of the state to finance infrastructure – IDC and DBSA initiatives • Establishment of the Presidential Infrastructure Coordinating Commission Draft and Confidential
Current Initiatives • Draft National Development Plan released by the National Planning Commission. • Establishment of the Urban Settlements Development Grant to allow for bulk, link, development of serviced stands and informal settlement upgrading. • The introduction of the “Each One, Settle One” Programme. • “Improving the Property Market” is a key output of the Minister included in the Delivery Agreement signed with the President. Draft and Confidential
Points of Dialogue • What is we want to address…”access to adequate housing and infrastructure in respect of affordable housing” • Are we addressing economic growth, household access, infrastructure development or all of the above • Do we know what the individual requires – location, price, choice, affordability • Demand and supply led initiatives – Striking a balance • What does each of the stakeholders contribute and take out of implementation of the programmes. Draft and Confidential
Points of Dialogue • Is the current development model relevant….”individual affordable housing sectors in integrated projects”… • Why is affordable housing not form of informal settlements upgrading programmes…Inclusion and investment in infrastructure and its catalytic effect… • The operational costs related to housing and human settlements infrastructure does not receive attention – Cosmo City, Tsustumani Village and Olivienhoutsbosch are good practice examples to review… Draft and Confidential
Points of Dialogue Affordable Housing • Requires a societal response – role of state, private sector, individual and community. • The State has a role and we need to review the current role in order to ensure that we address the required developmental need, priorities within the resource capabilities. • Who does what – land release, planning, funding and implementation Draft and Confidential
ThankYou 12 12 12 Draft and Confidential