Real Estate Investor Magazine January/February 2024 Edition | Page 74

GAUTENG PARTNERSHIP FUND
Types of projects funded under the EEPF
• Inner-City refurbishments of dilapidated buildings
• Conversion of offices to residential units
• Greenfield dvelopment
Essential Documentation : What you need for a successful Application
• Comprehensive business plan .
• Company registration documents .
• Essential project information . Confidential
• Shareholder ’ s statement of assets and liabilities ( Proof of availability of Equity ) may be requested .
APPLY FOR FUNDING NOW ! Contact : Ms . Palesa Tlowan Tel : 082 970 7806 Email : palesat @ gpf . org . za
KASI 4 Real Kasi 4 Real is aimed at boosting the township economy by offering funding to homeowners for the development of rental housing units within their existing property . This initiative addresses economic empowerment , creates employment opportunities , and tackles the critical need for affordable housing within townships . The Kasi 4 Real programme is aimed at providing funding to the following market below .
Who qualifies ?
• Residents of any township within the jurisdiction of Gauteng
• Residents from the township who are registered in the title deed .
• Residents with adequate available space in their back yard to build minimum 4 bachelor units of minimum 15 – 25 square metres .
• Applicants who will be able to contribute a minimum equity of approximately 3 % ( this depends on the cashflows of the project )
37 FEB 2024 Real Estate Investor Magazine