Member of the Mayoral Committee (MMC) for Housing has officially started a construction of almost R5 billion in Rivonia, at Johannesburg on Thursday. He was joined by the CEO of Thlokomelo Management, CEO of JOSHCO, Victor Rambau and other stakeholders.
The construction is led by Johannesburg Social Housing Company (JOSHCO). This is in line with the city’s housing policy of breaking new ground and building an inclusive city.
MMC Mabaso said, “This development will go a long way in changing people’s lives and to show that we are doing our best for the residents of Joburg. Over 1 000 families will be housed through this project.”
Mabaso stated that this project form part of reconstructing the profile of human settlements and the space economy. It aims to advance the City’s programme of building decent, accessible and affordable housing enabling qualifying groups of middle-low income earners.
All qualifying groups will get a chance to access housing opportunities around the economic nerve centres such as Sandton, Midrand, Fourways and the surrounding areas.
The development will yield 1 077 social and affordable rental units on completion, ranging from studio units, one bedroom to two bedrooms of various sizes. The 10 storey walk-up blocks will accommodate mixed-income households with gross income ranging from R2500-15000 per household a month.
Thlokomelo’s Nkuna expressed his company’s support of SMMEs to enable inclusive participation and opportunity maximisation. “We will extend a hand to SMMEs to ensure that they grow and become sustainable,”
“With the guidance of JOSHCO, we will ensure that we assist small business continuously. We are keen to provide technical skills to women. Working with JOSHCO, we will identify females who qualify.”