During my State of the Province Address on 15 February 2022, I set out my government’s plans to invest in catalytic infrastructure, as we look to push back against going back to normal and push forward towards doing even better.
While I specifically announced new departments that will focus on infrastructure and mobility, respectively, as well as a new Violence Prevention Unit, I also set out how social infrastructure is particularly needed for redress, so that we tackle the painful legacy of our past and deliver on our “north star” priority of dignity.
Construction of the first phase of the social housing part of the project started in August 2020 and will, when completed, consist of 432 units located in four blocks. We will soon be adding another social housing development to this mix through the Founders Garden Artscape Precinct development, which is smack-middle in the Cape Town CBD. While still in the planning phase, it is projected that this project could create well more than 500 social housing units depending on its density.
I am also pleased to note that the first non-metro social housing project has been approved in the Drakenstein Municipality, intending to provide 362 new social rental units. While we prioritise these projects, we know that we need to provide immediate support to those who are vulnerable, especially homeless residents who have been particularly affected during the pandemic.
Source: Real Estate Daily Report (realestatedailyreport.net)
It would make sense to locate low cost housing in pockets of economic growth, NOT the CBD. Cape Town has been one of the few cities that escaped inner city death. LCH there, for what jobs? will seal its fate. The rot has already begun and rentals and investors have plunged. Idiot
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