COMPANY PROFILE
• Copy of latest Audited Financial Statements
• Shareholders statement of Assets and Liabilities may be requested
APPLY FOR FUNDING NOW ! Contact : Ms . Sandra Ruiter Tel : 082 850 9170 Email : sandrar @ gpf . org . za
Entrepreneur Empowerment Property Fund The Entrepreneur Empowerment Property Fund ( EEPF ) is designed to boost the participation of historically disadvantaged individualowned companies in the affordable rental property market . Under EEPF the GPF will invest up to 40 % of the total project costs . GPF will provide 100 % funding for projects with total loan exposure of R10 million or below .
Who Qualifies ?
• A company with 100 % HDI shareholding . HDI women and youth owned applicants are encouraged .
• A company with 100 % HDI shareholding , HDI women and youth owned applicants are encouraged ,
• A potential project that can yield a minimum of 15 affordable housing units in the Gauteng Province
• A company that can demonstrate access to unencumbered capital minimum of 3 % of total project cost as equity .
• A company that demonstrates appointment of at least 75 % of professionals and contractors with majority HDI shareholding
• First time property developers will be limited to the maximum total project cost of R20 million
• A project that that is ready for implementation from a town planning perspective .
Real Estate Investor Magazine FEB 2024 36