Wednesday, March 15, 2006

Housing development on target in provinces

Housing Minister Lindiwe Sisulu has expressed satisfaction with the way provinces have spent funds allocated for housing development in their regions. On average, provinces spent 90 percent of the funds allocated during the present financial year. This emerged at the meeting of the Minister and the nine provincial housing MECs held in Benoni yesterday. Provinces were also urged to ensure that projects were monitored regularly and that quality was not compromised. According to a pledge signed here in Cape Town last year, all housing stakeholders have been bound to a contract compelling them to increase the construction of low-cost housing by more than two hundred thousand units per year.

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