Sunday, October 22, 2006

Housing developments to targets lower income group


By Chanel September
22 October 2006

The City of Cape Town is planning to make more land made available for housing developments targeting low income earners.

The homes will be made available to people who earn too much to qualify for government housing subsidies and too little to take part in the competitive property market.

Independent Online reports that the 10.4 hectares is in addition to the 42 hectares already approved by the City for housing for this market.

Mayoral committee member for housing Dan Plato said there would be a special focus on backyard dwellers and the lower end of the identified market when allocating the land.

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