Real Estate Investor Magazine South Africa September 2013 | Page 31

RESIDENTIAL Developpement (AFD), brought together the social housing and the green networks in a workshop that could define the research questions and outline the possible mechanisms to make ‘greening’ of the sector more successful. The workshop identified a number of issues including the tension between capital cost and returns; the impact of energy cost savings on affordabilit y of targeted tenants; the understanding of what capital products have the best effect within the tight frame of financing; lack of established financing mechanisms; and forms and effectiveness of tenant engagement in understanding consumption issues but also in income generating green activities. In pa ra l lel to t he work shop was t he development of the ‘Green Guide for Social Housing institutions’. It recognises that the organisational base of the Social Housing Institutions provides the best point to respond to the challenges. The Guide notes the lack of properly researched and understood dynamics of ‘greening’ particularly in the residential sector and more so in the residential space occupied by social housing. In focusing the thinking of Social Housing institutions it posses the question: “SHIs need to be clear on what they want out of greening. Is the aim simply to comply with regulations at the lowest possible cost, is it to replace a few energy inefficient fittings in the hope of bringing down the electricity bill, or is it to go all the way in weaning ourselves from grid dependency and become totally self sufficient in meeting our energy needs? Is it only about energy?” It uses a non-prescriptive approach in considering a full spectrum of possibilities that go far beyond merely ‘energy’. Building around the sustainability of the Social Housing Institutions, and the stock they manage, it knocks the capital options against the reality of what is affordable within the total building lifecycle. It highlights the centrality of the SHI in the defining and driving of viable greening approaches and the essential part that tenants have to play in making the savings and making the green innovations work. It does not neglect the engagement of these tenants in the income and livelihood activities around recycling and food production that can also improve affordability. In doing so, the www.reimag.co.za Guide is reflecting the growing importance of the SHIs’ community development initiatives, like that of the Johannesburg Housing Company linked community development arm ’Makhulong A Matala’ which ‘…runs interesting programmes involving residents in food gardening and waste management in the Johannesburg inner City’. A key theme that threads through the Guide is how little we know about the real dynamics and impact ‘greening’ can have in the sector. Through recent networking between the social housing and the greening sectors a project has emerged intended to give more practical answers on these dynamics and impacts. The ‘Green Social Housing Building Project’ is a joint initiative of NASHO and the WWF – SA and financed by the Social Housing Regulatory Authority (SHRA) and the Nedbank Green Trust. Its intent is to help fill the information gaps and use this to inform the ‘greening’ polic ????????)??????????????????????????????????????)????????????????Q????????????????????)???????????????????????M ?????????)???????????????)?????????????????????)??????????? ????Q????????????????????)????????????????????M!%??5?????????)!??????????????????? ?????????????)??????????????????????????????????????????)???????????????????????????????Q?????????)?????????????????????????????????????)?????????????????????????????Q??????)????????????????????????????????????????)????????????????????????????????????)????????????????????????????????????????)??????????????????????????????????????)????????M???????????????????????????)?????????????????????????????????????)??????????????????????????????????????)????????????????????????????????????)???????????????????????)?????????????????????????????????????????)??????????????????????????????????????????)??????????????????5?????????????)?????????????????????????????????????????????????????????????????????????)????????????????????????????????????????)?????????Q???????????????????????????????)??????????????????()IM=UI L)9M!<((0