SA Affordable Housing November - December 2018 // Issue: 73 | Page 16

ADVERTORIAL - COVER STORY
Breaking through the boundaries
of affordable housing
A residential association is growing from small beginnings to a
significant role player in the affordable housing sector.
By SAARDA
The new Urbika Estate development in Boksburg, Gauteng.
T
he South African Residential Developers Association
(SAARDA) was formed to address the affordable
housing industry challenges through constructive and
collective bargaining.
The goal is to create an environment between
government, local authorities, communities, industry
professionals, financial institutions and developers to
effectively deliver much needed housing to create:
• Economic growth;
• Infrastructure delivery; and
• Sound communities and a better future for the next
generation.
Over the past year SAARDA achieved success through
constructive engagement, representing the interest of our
members on various forums to deliver our input and express
our concerns through participation.
The affordable housing industry is facing numerous new
challenges through new legislation initiatives and local
authority policy changes in a continuous changing society
and economy.
PROPERTY PRACTITIONER BILL
The bill was stabled to replace the current Estate Agent
Affairs Board (EAAB) to include virtually everyone involved
in the property industry including:
• Selling of property
• Bond facilitators (originators)
• Private funders (excluding banks)
• Developer in-house sales teams
• Valuators
• Rental management, among others
The act requires everyone involved in these activities
together with its directors to meet the minimum
requirements set for an estate agent and principal under the
current act.
The proposed bill directly impacts a number of our
members. We delivered our input and expressed our
concerns on the practical implications and we expect the
amended bill to be published soon and continue to monitor
the impact on the Industry.
INCLUSIONARY HOUSING POLICY
The City of Johannesburg is the first to table a new
Inclusionary Housing Policy (policy) and it is expected that
most local authorities are already drafting their own policies
in terms of the Spatial Planning and Land Use Management
Act (SPLUMA).
We engaged with the City of Johannesburg and objected
to the policy on various grounds including the
constitutionality of the proposed policy. After numerous
See more on page 16.
14
NOVEMBER - DECEMBER 2018
www.SAAffordableHousing.co.za