Real Estate Investor Magazine January/February 2024 Edition | Page 66

GAUTENG PARTNERSHIP FUND
to projects located in townships and existing student accommodation hubs .
• Project must have a minimum of 15 units or 50 beds .
• The project must have a social amenities and Wi-Fi for the students .
Types of Projects funded
• Inner-city refurbishments of dilapidated buildings
• Conversion of offices to residential units . Confidential
• Greenfield developments .
Essential Documentation : What you need for a successful Application
• Comprehensive business plan .
• Company registration documents .
• Comprehensive project information .
• Shareholder ’ s statement of assets and liabilities ( Proof of availability of Equity ) will be requested .
APPLY FOR FUNDING NOW ! Contact : Shiraaz Lorgat Tel : 082 603 2240 Email : shiraazl @ gpf . org . za
Commercial Housing Fund While the Commercial Housing Fund promotes the participation of experienced housing developers and rental property owners in the affordable housing market . Under this fund the GPF will invest up to 20 % of the total project costs . However , the GPF will provide 100 % funding for projects with a total loan exposure of R 10 million or below .
Types of Projects funded under the Commercial Housing Fund
• Inner-city refurbishments of dilapidated buildings
• Conversion of offices to residential units
• Greenfield developments
33 FEB 2024 Real Estate Investor Magazine