Real Estate Investor Magazine South Africa July 2013 | Page 21

NURCHA’s Affordable Housing Programme has been actively involved in ensuring the delivery of 33.990 housing units over the last 10 years. The programme forms the cornerstone of the NURCHA Lending Portfolio, which has further programmes in infrastructure and subsidy housing. Since its inception, the Affordable Housing Programme has financed over R4.8 billion worth of projects across nine provinces. The client base extends from the largest JSE listed and non listed affordable housing developers to emerging contractors. In house development experts ensure that funding structures are tailor made, recognising that no two deals are the same. NURCHA has partnerships with a variety of leading commercial financiers and asset managers. As a Development Finance Institution (DFI) we are fully committed to addressing the critical housing backlog that exists in South Africa. The funding facilities offer flexibility, competitive rates and are designed to provide risk mitigation measures to our clients. NURCHA’s service offering extends from funding for site acquisition to construction of top structure. Emphasis is placed on developments where the end unit selling price is below R500 000. www.nurcha.co.za Contact Nurcha: 0861NURCHA/0861 687 242 | Email: [email protected] Registered Credit Provider (NCRCP 959)