SA’s biggest housing project launched in Pmb

President Jacob Zuma, uMsunduzi mayor Themba Njilo, and beneficiary Nomkhosi Msimang cutting the ribbon Picture: Bongeka Sibisi

 

The project, was conceptualised by non-profit organisation, Msunduzi Housing Association (MHA) and construction of Aloe Ridge began in November 2014 in an effort to provide much-needed reasonably-priced rental accommodation for the lower to middle-income earners in the area.

MHA is a social housing institution committed to meeting the needs of the community. The MHA also completed all the relevant funding applications, owns and oversees the development and will manage all the tenancies going forwards.

The R353 million project – contracted by Stefanutti Stocks – has received funding from the Social Housing Regulatory Authority, KwaZulu-Natal Department of Human Settlements, National Housing Finance Corporation as well as Msunduzi Housing Association.

The development aims to house about 4 000 people, and consists of 952 two-bedroom apartments in three-story walk-ups, separated into two villages. Of the 952 units, 287 will cater for households earning up to R3 500 per month and the balance of 665 units will cater for households earning up to R7 500 per month. Each unit, which is approximately 45msq in size, consists of an open-plan kitchenette, lounge, bathroom and bedrooms. The site is approximately 14 hectares in size, allowing for large, open spaces and play areas for children. This is one of South Africa’s biggest social housing developments that has been constructed entirely of Facebrick.

“We anticipate completion of the entire project by the end of May 2017,” says Ivor Caldecott, chief executive officer of MHA.

“There is a huge housing demand for lower income households but not enough competitive private sector initiatives meeting this demand. Through this development, we are hoping to make a significant dent in this market,” said Caldecott.

He said in addition to the provision of housing, Aloe Ridge will create 500 jobs for unskilled labourers during the construction phase, as well as full-time, permanent employment for six general workers, six cleaners, six security guards, a housing supervisor, two letting agents and one rental administration position upon completion.

The opening of the project was officiated by president Jacob Zuma among other political dignitaries including Economic Development, Tourism and Environmental Affairs MEC Sihle Zikalala.

 

find your
dream home

looking for an
affordable
apartment

List your Property

It's easy in only three
simple steps...

find professional
services in
your area

Locate a business
operating in
your area

List your Business

Want more customers? They're online right now, searching for businesses like yours. Place your ad now...

Latest News

COMMENTS

kzn_eyethupubliceye Autodealer.co.za
Top
Next Story x
City’s champion’s amazing Comrades victory

Thanx for your referral. We have no doubt your friends will love our newsletter as much as you!

Don't forget to verify your email.

SUBSCRIBE
to our free NEWSLETTER
!
SUBSCRIBE to our FREE newsletter.




SELECT your titles:

Maritzburg Sun
Public Eye


Your details:


Your friends:

I didn't sign up for this
I'd like to see and read more... (Please indicate in comments section below)
I'm relocating (Please indicate where to)
Other