Affordable Housing without State Subsidies – City of Cape Town Says It Will Work - South Africa Today

Affordable housing without state subsidies – City of Cape Town says it will work - South Africa Today

The City of Cape Town has promised to develop 12,000 affordable housing units targeted at households earning less than R32,000 a month. Many of these homes,

Explainer: Affordable housing in Cape Town

Words: Daniel Steyn and Matthew Hirsch / GroundUp The City of Cape Town announced earlier this year that it has 12 000 affordable housing units in the pipeline. Here GroundUp explains what the City means by ‘affordable housing’, where these homes will be built and when. The need for affordable housing in Cape Town is enormous. There are more than 400 000 people on its housing waiting list, and half of households in Cape Town earn less than R20 7…