FINANCE
SOCIAL HOUSING FUND The Social Housing Fund serves as a vital resource for institutions engaged in social housing initiatives . Designed to bolster equity ratios and optimize financing terms , this fund extends support to projects meeting specific criteria :
• Qualification : Social housing institutions or Project Special Purpose Vehicles ( SPVs ) catering to families with household incomes below R15,000 .
• Funding Parameters : GPF invests up to 30 % of total project costs . offers financing to providers adhering to DHET standards :
• Qualification : Companies or SPVs providing student accommodation with requisite technical and financial capacities .
• Funding Parameters : GPF invests up to 30 % of total project costs , with full funding for projects below R8 million in total loan exposure .
Essential Documentation Comprehensive business plan , Company registration documents , Comprehensive
Essential Documentation Comprehensive business plan , company registration documents , project information , and latest audited financial statements .
APPLY NOW !
• Contact : Shiraaz Lorgat
• Tel : 082 603 2240
• Email : shiraazl @ gpf . org . za
STUDENT ACCOMMODATION FUND Addressing the burgeoning demand for student housing , the Student Accommodation Fund
59 MARCH 2024 Real Estate Investor Magazine