Question NW131 to the Minister of Human Settlements
23 February 2024 - NW131
Buthelezi, Ms SA to ask the Minister of Human Settlements
Considering that the President, Mr. M C Ramaphosa, has recently announced that R1 billion has been allocated to build approximately 4,000 houses across municipalities in the Northern Cape Province, how will her department ensure that, the specified project does not impact housing provisions in the rest of the Republic, especially considering the large housing backlog?
Reply:
The Northern Cape Province approached the Development Bank of Southern Africa (the Lender) to finance the acceleration of the human settlement’s development programme. The borrowing is pursued in line with the provisions of section 3 (6) of the Borrowing Act and the current Division of Revenue Act (DoRA) through a pledge of the indicative Human Settlements Development Grant (HSDG) for the Medium-Term Expenditure Framework (MTEF) 2025 to 2027 as detailed below:
The R1 billion allocated to build approximately 4,000 houses across municipalities in the Northern Cape Province, as announced by the President will not impact the housing provisions in the rest of the Republic.