Booi sets the record on Salt River site

2019-09-03 06:01

Contrary to what has been issued in the public sphere, the City of Cape Town’s Salt River Market site could deliver 850 affordable housing units, both gap-market and social housing. The final number of units would be influenced by the development flexibility that is a characteristic of developments in general and that ultimately drives the design.

To make statements to the contrary is simply untrue. This is because the original proposal had a design ratio of 35% affordable housing to 65% market housing. With much in-depth design development having happened since the original application, the latest approved ratio of affordable units proposed is, in fact, a better ratio of closer to 50% of affordable housing units to market-related units. The number of units proposed has never been changed. In fact, the design development process of this site has a far greater impact than any financial drivers would have.

The City will continue to assess City-owned land, including suitable land in and near the Cape Town CBD and other urban centres to determine whether some of these properties could be developed for housing opportunities.

We are committed to inclusivity and will keep on exploring all possibilities to provide more affordable housing opportunities for residents. The Social Housing Act says social housing is a rental or co-operative housing option for households earning between R1 501 and R15 000 per month.

Social housing projects are managed by accredited social housing institutions (SHIs). Social housing projects are developed on well-located, accessible land within areas that contribute to spatial, economic and social development.

As with any rental contract, tenants formally enter into lease agreements with the landlord, being the SHI, and they are required to pay their monthly rentals.

Social housing also assists those who do not necessarily qualify for a bond from a bank. It is a key mechanism to drive spatial transformation and to cater for the acute accommodation need in urban centres which have resulted from rapid urbanisation. Social housing is based on partnerships with the acknowledgment that local government alone and government in general, cannot satisfy the accommodation need in urban centres. Social housing is well maintained and managed with security and access control. If tenants do not adhere to their lease agreements, the responsible SHI will follow the necessary legal process.

According to law, the City may discount City-owned property for certain purposes including social housing developments.

Malusi Booi Mayco member for human settlements
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