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Social Housing Act, 2008 (Act No. 16 of 2008)

Chapter 2 : Roles and Responsibilities

6. Roles and responsibilities of other role-players

 

(1) Subject to such directives as the Minister may issue by notice in the Gazette, the National Housing Finance Corporation must, in respect of social housing
(a) provide access to loan funding;
(b) make available to the Regulatory Authority when requested thereto any financial information to enable it to assess the institutional health and financial sustainability of social housing institutions;
(c) facilitate or, where possible, provide access to guarantees for loan funding from financial institutions;
(d) explore and support mechanisms aimed at facilitating public funding for social housing; and
(e) conclude an agreement with the Regulatory Authority aimed at avoiding the duplication of functions and overregulation of social housing institutions.

 

(2) Other delivery agents may undertake approved projects in designated restructuring zones with the benefit of public funding to the extent determined in the social housing programme pursuant to agreements concluded with the Regulatory Authority as contemplated in sections 11(3)(d) and 19(1)(b)(i).

 

 


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