Extra R130m for housing



August 26, 2016
Extra R130m for housing

Areas with unfinished housing projects include Ottery, Hanover Park, Scottsdene and Heideveld.

Property development projects were affected by numerous factors.

Underspending on housing projects in the city has accounted for R130 million being rolled over from the 2015/16 budget to the current financial year.

Almost R10m of the grant funding for capital projects to be rolled over is for unfinished housing projects due to inclement weather, gang violence, problems with contractors and implementation delays.

The affected housing projects are in Scottsdene, Ottery, Hanover Park and Heideveld.

A further R18.4m is being rolled over for upgrades on rental units.

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