PROJECT
Entrance into kitchen and lounge .
collective investment schemes , property loan stocks and listed property entities , with government being the largest commercial player . There is limited participation of black people , particularly women , in ownership and control of these entities . The commercially driven activities surrounding property , including development , management and sales , rests largely in white-owned hands .”
We want to facilitate the entry and development of black developers within the affordable housing residential sector specifically . We want to assist in creating an enabling environment , support mechanisms , funding options and the regulatory framework for smaller black developers to enter the space and not just compete , but be able to become significant , even industry-leading players .
The granting of approvals and development rights by municipalities must be slanted towards the empowerment of emerging black developers . We must look at land release opportunities for emerging black developers or even stateowned land that could be released or leased to emerging black developers for development .
We see a unique opportunity for the private sector to partner with us through the GPF in the following manner , amongst other things :
• Fundraising and investment facilitation : Use of public sector funding to leverage additional funding and facilitate capital flows into integrated , sustainable human settlements , through the formation of strategic partnerships with local and international donors , development finance institutions and private sector partners .
• Project Financing : To facilitate an equitable risk sharing and project the spatial transformation of the GCR to
develop integrated , sustainable human settlements is through leveraging financing model .
We are doing all of this in pursuit of the spatial transformation of GCR by developing integrated , sustainable human settlements so that we can address all the requirements that the -International Covenant on Economic , Social and Cultural Rights identified as critical in providing adequate housing : legal security of tenure ; availability of services , materials , facilities , and infrastructure ; affordability , habitability , accessibility , location , and cultural adequacy .
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