Media

Publications

GPF Publications 2017

AdVoice BY THE GAUTENG DEPARTMENT OF HUMAN SETTLEMENTS 22 February 2017

Financial Mail – Affordable able housing for all March 30 – April 5, 2017

GPF Publications 2015

The focus is on property investment – May 2015
The focus is on property investment. Kura Chihota Leapfrog Commercial Property Investment Analyst is being interviewed.
(Int:) Kura Chihota – Investment Analyst : Leapfrog Commercial Property
Mentions: Gauteng Partnership Fund, Transfer Urban Housing Finance
(Dur 00:06:11)
A.V.E. = R R65 296
Resolving student housing in SA will improve pass rate – April 2015
Living conditions more problematic in rural areas S SOME students across the country settle into their academic year, many are still struggling to find suitably located and safe accommodation that enables them to fully engross themselves into a meaningful study programme.
read more …
Hijacked buildings a threat to CBD – April 2015
Joburg warned of a looming slum if it doesn’t take action JOBURG’S inner city could degenerate into a slum if nothing is done about the escalating number of building hijackings.
read more …
Lefadi Makibinyane as New CEO – March 2015
Water welcomes Lefadi Makibinyane as the new Chief Executive Officer (CEO). Makibinyane joins Amatola Water from the Consulting Engineers South Africa (CESA), where he served as CEO.
read more …
Student accommodation lures investors keen for stable income – February 2015
Providing student housing is not without risks. he private sector is starting to invest aggressively in student housing, which has faced severe shortages in the past.
read more …
Gauteng Partnership Fund bearing fruit – February 2015
The Gauteng Partnership Fund (GPF) is showing significant growth, with most of its funded entrepreneurs having had success in the market to date.
read more …
Departments and entities with clean audits on the rise – February 2015
An increasing number of national and provincial government departments and state-owned entities are getting their houses in order.
read more …

GPF Publications 2014

Resolving student housing in SA will improve pass rate- APRIL 2015
Living conditions more problematic in rural areas S SOME students across the country settle into their academic year,
read more …
Hijacked buildings a threat to CBD – April 2015
Joburg warned of a looming slum if it doesn’t take action JOBURG’S inner city could degenerate into a slum if nothing is done about the escalating number of building hijackings.
read more …
Lefadi Makibinyane As New Ceo – March 2015
Amatola Water welcomes Lefadi Makibinyane as the new Chief Executive Officer (CEO). Makibinyane joins Amatola Water from the Consulting Engineers South Africa (CESA), where he served as CEO.
read more …
Student accommodation lures investors keen for stable income – February 2015
Providing student housing is not without risks. he private sector is starting to invest aggressively in student housing, which has faced severe shortages in the past.
read more …
Gauteng Partnership Fund bearing fruit – February 2015
The Gauteng Partnership Fund (GPF) is showing significant growth, with most of its funded entrepreneurs having had success in the market to date.
read more …
Departments and entities with clean audits on the rise – February 2015
An increasing number of national and provincial government departments and state-owned entities are getting their houses in order.
read more …
AG”s provincial audit results in numbers – November 2014
Agency and Gauteng Partnership Fund. Ten entities improved to obtain clean audits. KwaZulu-Natal The province retained seven clean audits – Provincial Treasury, Amafa aKwaZulu-Natali, Dube TradePort Corporation, Growth Fund Managers,
read more …
Is Building in your blood – November 2014
Opportunity launch pad is building in your blood? Property entrepreneurs can take advantage of the huge demand for housing close to facilities areas. By Monique Verduyn Vinolia Mashiane
read more …
Values-Driven Gpf strives for delivery October 2014
The Gauteng Partnership Fund (GPF) has, over its 10 years of existence, gathered respect within the social and affordable housing space
read more …
Great Opportunity for graduates with specific diplomas or degrees for Internship – October 2014
This is eciting opportinity for graduastes who have a diploma/degree from accredited and recognised tertairy in stitutions in the following disciplines to prarticipatein GPF
read more …
Housing Hassles
Student accommodation Sashnee Moodley senior staff writer there is a significant shortage of accommodation for students studying at universities in Gauteng,
read more …
Mind the Gap – October 2014
Mind the gap The key to making a dent in the housing ‘gap market’ is a mix of public and private-sector participation and clever planning, suggests Trevor Crighton
read more …
CBD to get middle-class housing project – September 2014
An open site previously used as a hub for prostitution in the city centre is under development to provide homes to about 2 000 middle class people.
read more …
Help for disadvantaged property developers – September 2014
The R8.5m Kwa-Shenge project has been launched as government calls on the private sector to assist in training previosly disadvantaged property developers
read more …
Highlands Lofts development launched in Johannesburg – August 2014
It is the Devco Group’s vision to transform the Highlands precinct into a modern yet affordable high-density living space.
read more …
Go far go together August/September 2014
Since the 1970s, the urban landscape of the Gauteng Province has transformed into the highly connected cluster of cities, towns and urban nodes we know today.
read more …
Joburg’s everchanging city landscape – August 2014
Within walking distance of the city’s eastern precinct at Maboneng is a 2 000 m² property at 424 Commissioner Street.
read more …
Developer Funding – July 2014
GPF CEO, Boni Muvevi, said that GPF would assist property entrepreneurs to access funding opportunities for the affordable housing market in Gauteng.
read more …
Highlands Loft – September 2014
Developed by DEVCO, the aim is to transform the Highlands area near Ellis Park, Bertrams and Joe Slovo Drive into a modern high density affordable residential precinct.
read more …
Celebrating Success – July 2014 
The two projects were the first to be completed under the EEPF programme.The projects, based in Pretoria and Kempton Park, are rental housing developments
read more …
Gauteng Partnership Fund: Funding property dreams – June 2014
The Gauteng urban region represents the most dense concentration of economic activity, population, and poverty in South Africa today.”
read more …
FUNDING DREAMS Gauteng Partnership Fund helps people become entrepreneurs – June 2014
The Gauteng Partnership Fund, wich specialises in re-cruiting and funding entrepreneurs who want to build affordable houses in the province
read more …
New CEO for Gauteng Partnership Fund Appointed – May 2014
Muvevi is not unaccustomed to his new role as CEO, having assumed the position of acting CEO twice in his career with the GPF.
read more …

GPF Publications 2013

FM Corporate Report – Seeking Housing Investors – November 2013

Financial Mail – Pg. 58
Financial Mail – Pg. 59
Financial Mail – Pg. 60

Entrepreneur Empowerment Fund celebrates success – September 2013
The GPF was established by the Gauteng provincial government to address specific challenges in the social housing sector in terms of affordable rentals.
read more …
Empowerment for property entrepreneurs GPF Entrepreneur Empowerment Property Fund – October 2013
The Gauteng Partnership Fund has never taken a narrow view of its mandate; while it was established by the Gauteng Department of Housing to address funding challenges…
read more …
GPF advances its rental housing fund – Sept 2013
The rental programme assists private developers to procure finance at favorable terms on a project-by project basis, thus facilitating the development of quality affordable housing.
read more …
GPF Entrepreneur Empowerment Property Fund (EEPF) – Aug 2013
The Gauteng Partnership Fund hasnever taken a narrow view of its mandate while it was established by the Gauteng Department of Housing
read more …
Funding affordable housing, growing property entrepreneurs – July 2013
Housing is fundamental to the growth of any sustainable society. The Gauteng Partnership Fund (GPF) was launched in 2002, with a focus on facilitating social housing development for households with an income of less than R7 500 a month at the time.
read more …
Rental housing – June 2013
Housing is one of the backbones of economic stability; it is fundamental to the growth of any kind of sustainable society
read more …
GPF geared to support rental housing market – June 2013
Government, in particular, appreciates the need to provide rental housing for its citizens.
read more …
LEADERSHIP, Supplement A March 2013
The Gauteng Partnership Fund (GPF), the affordable housing funding vehicle of the Gauteng Department of Local Government and Housing, celebrated a decade of housing partnership success last year.
read more …

GPF Publications 2012

The 2012 Affordable Housing Indaba – Celebrating visible strides in GPF’s progress
The funding has been able to deliver approximately 20 000 affordable housing units in the province.
read more …
2012 Affordable Housing Indaba – vibrant partnerships needed, says MEC
This is according to the MEC for Local Government  and Housing LH Mekgwe.
read more …
Ten Years of Excellence Posted on October 2012
For the past decade, The Gauteng Partnership Fund (GPF) team has worked tirelessly to address the social imbalances affecting South Africa,
read more …
Property Funding Available – Posted on August 2012
GPF and NHFC partner to fund affordable rental housing entrepreneurs.
read more …
Cementing Partnerships – Posted on August 2012
The Gauteng Partnership Fund was established 10 years ago to mobilise private-sector investment in the housing market.
read more …
GPF and NHFC partner to fund Affordable Rental Housing Entrepreneurs – Posted on July 2012
The Gauteng Partnership Fund (GPF) has partnered equally with the National Housing Finance Corporation (NHFC) on a R200 million Entrepreneur Empowerment Property Fund (EEPF) programme.
read more …
Bridging the Gap – Posted on August 2012
Kutoane Kutoane, CEO of the Gauteng Partnership Fund, explains how the organisation, through its financial-risk sharing, bridges the gap between government and the private sector.
read more …
Addressing Challenges in the Gauteng Housing Market Posted on September 2012
The Gauteng Partnership Fund (GPF) was established by the Gauteng Department of Housing to address funding challenges in the affordable housing sector.
read more …
House and Home – posted on July 2012
Since the end of apartheid, the South African government has placed increasing emphasis on the need for integrated development.
read more …
Affordable housing, visionary leadership – posted on July 2012
Tasked with the mammoth task of facilitating the development of affordable housing in the most populated province in the country, the Gauteng Partnership Fund (GPF) has certainly super exceeded expectations.
read more …
GPF and NHFC partner – posted on July 2012
T he Gauteng Partnership Fund (GPF) has partnered equally with the National Housing Finance Corporation (NHFC)
read more …
Making Economic Sense – posted on July 2012
The Gauteng Partnership Fund (GPF) has partnered equally with the National Housing Finance Corporation (NHFC) on a R200 million
read more …
South African Business- posted on June 2012
Now in its second edition, South African Business provides a well-researched and up-to-date overview of the country for both local business people and international investors
read more …
City Press Business Johannesbug – posted on June 2012
In an address to Parliament recently, Minister of Human Settlements Tokyo Sexwale said his department, along with Public Works, was looking into the possibility of establishing a state-owned construction company that would focus on low cost housing projects
read more …
A Shining Example of a PPP that Works – posted on June 2012
Having already secured in the order of R2.2 billion from banks to help finance the delivery of low-cost housing in the Gauteng province since its establishment in 2002.
read more …
CEO Kutoane Kutoane Interview – posted on April 2012
Gauteng Partnership Fund plays a pivotal role in the provision of affordable housing, acting as a catalyst for investment by matching private-sector funding with public-sector contributions. However,, CEO Kutoane Kutoane wants to build more than just houses; he wants to build communities.
read more …
Matching your pitch to the funder – posted on April 2012
This is what property entrepreneur and co-founder of Tenitor Properties, Odilon Nkhasi, discovered as he embarked on his first project in property development.
read more …
GPF CEO Talks Shop – posted on February 2012
‘Affordable housing’ and ‘gap housing’ are interchangeable terms that are used with specific reference to a sub-sector of the housing market indicative of a specific income band.
read more …

GPF Publications 2011

Building on Hopes – posted on November 15, 2011 18:49
‘I will be making a proposal to central government for the GPF’s model to extend beyond the province, whether that means we need to transform or create a new entity doesn’t matter’
read more …
Private sector urged to come to the housing party – posted on November 15, 2011 00:09
The government alone cannot provide all the funding for affordable rental housing projects, writes DAVID JACKSON.
read more …
Providing affordable housing for the Gauteng Province – posted on October 26, 2011 11:11
The Gauteng Partnership Fund (GPF) started operations in 2002 with the objective and aim of resurrecting the social housing market with a focus on rental housing in Gauteng
read more …
GPF Unlocks Opportunities for Property Entrepreneurs – posted on October 06, 2011 14:37
Undoubtedly one of the greatest challenges facing South African entrepreneurs is that of access to finance. At the same time, the South African government is struggling to keep up with the need for adequate housing provision
read more …
Private sector urged to come to the housing party – posted on September 29, 2011 09:36
The government alone cannot provide all the funding for affordable rental housing projects, writes DAVID JACKSON
read more …
Thinking of Investing in the Affordable Residential Property Market? – posted on September 20, 2011 
The Solution
The Gauteng Partnership Fund (GPF) is the ideal partner for companies seeking to develop affordable residential properties for rental to cater for households with income up to R12 000.
read more …
Helping property entrepreneurs – posted on September 20, 2011 12:29
The Gauteng Partnership Fund assists passionate property entrepreneurs to gain access to the low cost housing market
read more …
Providing affordable housing finance solutions – posted on September 19, 2011 19:51
Housing provision remains one of the critical items on the public finance policy agenda in South Africa. Millions of people are still waiting for suitably located, affordable accommodation, which would improve the quality of their livelihood
read more …
Proactive housing finance solutions – posted on September 19, 2011 19:44
Kutoane Kutoane, CEO of the Gauteng Partnership Fund, explains what the organisation is doing to meet the gaps in the financing of social housing in Gauteng
read more …
Providing Affordable Housing Finance Solutions – posted on August 25, 2011 17:25

Housing provision remains one of the greatest items on the public finance policy agenda in South Africa, with millions of our people still awaiting suitably located, affordable accommodation which would improve the quality of their livelihood. This is evidenced by continuos national debates and various policy pronouncements by government regarding the need for rapid delivery of sustainable human settlements. In Gauteng the housing challenge is particularly severe, with people continuously flooding to this economic hub in search of work and better quality of life. For some time the banking sector had been reluctant to fund in the low income housing market due to perceived high risk associated with the low end housing market segment.

 

Gauteng Partnership Fund (GPF) was therefore founded by The Gauteng Department of Housing in 2002 as a mechanism for mitigating risk facedby private sector funding institutions in financing the low end housing developments in the province. This we have been able to achieve by taking up to 30% first loss position in the funding arrangements towards the developments, provided that these meet our target beneficiary group which are the households earning between R1500 to R12000 per month in 2004 prices, and that the private senior debt financing of the balance would be forthcoming.

To date we have committed up to R450 million.

We at Gauteng Partnership Fund pride ourselves of having been a key player in the facilitation of affordable housing developments in the Gauteng Province. Since our inception as a public entity under the auspices of the Gauteng Department of Housing, we have focused our programmes on mobilization of private sector funding to address the funding constraints that are experienced by social housing providers and low income housing developers in putting up affordable, well located housing developments. To date we have committed up to R450 million of public risk capital towards financing of affordable housing projects, enticing banking sector to enter the market to the tune of close to R2.2 billion, resulting in over 17000 housing units for our target population.

When we started our mandate was to design and implement innovative funding solutions to normalize the social housing market in Gauteng. At the time banks were reluctant to fund social housing projects due to the perceived riskiness of those investments. Moreover the conventional banking risk evaluation criteria were not structured with a clear understanding of this market segment and therefore banks were not well disposed to optimally price the risk associated with their funding facilities.

We therefore entered the market with innovatie funding instruments where in we would provide the first layer of capital, very favourably priced relative to market, to enable banks to mitigate their financing risk. Our interventions have made a great deal of difference and the value we have added to this critical sector speaks volumes.

While we have managed to successfully put the GPF on the pedestal as a premier vehicle in the housing delivery chain in the province we are starkly aware of the challenges still facing the provincial government given the massive backlogs of suitable housing in Gauteng. We have aligned our current strategic objectives closely with those of the Gauteng Department of Local Government and Housing, especially the strategic outcome of accelerating delivery of housing opportunities through provision of adequate shelter by implementing rapid developments of mixed housing and provision of adequate rental housing solution in partnership with the private sector. GPF’s impetus has always been on building a networked ecosystem of partners involving the private financiers, local government structures, relevant provincial government departments and affordable housing developers, including social housing institutions.

We are now well poised to drive much more aggressively our strategy for the next three years which entails proactively sourcing housing projects in the province, packaging them appropriately for our clients and going to market to raise suitably structured funding instruments. Our focus will involve active participation in setting the agenda for sustainable human settlements and advocating appropriate policy interventions to assist the province in meeting its housing objectives.

We continually call upon all our existing partners and new ones to join us as we drive our strategic interventions forward in this market. We are more than ever keen to see new players (developers and investors) who are interested in acquiring the old buildings in the inner-cities and converting them into suitable quality dwelling units. We particularly wish to assist emerging black entrepreneurs who would want to take risk alongside the public funds under our administration for a mutually rewarding partnership. We aim to realize the national policy objective of achieving cohesion within our communities through new developments within sustainable human settlement context.

Media Releases

Media Statement: The 2012 Affordable Houising Indaba-Celebrating Visible Strides and Remarkable in GPFs Progress

 

The Gauteng Partnership Fund (GPF), an agency of the Gauteng Department of Local Government and Housing responsible for affordable housing has been able to attract almost R2.4 billion from the private sector to fund housing projects in Gauteng over the past ten years. The funding has been able to deliver approximately 20 000 affordable housing units in the province. The announcement was made today at the “AFFORDABLE HOUSING INDABA” hosted by GPF during its 10 years anniversary in Fourways, Johannesburg. The event was themed, “Working Together to Build Sustainable Human Settlements”, and the conference focused on the lessons drawn from GPFs pioneering models in Public Private Partnerships (PPPs) for affordable housing in support of DLG&H.Recounting ten years of marked success in leveraging state capital to secure private sector investment the presenters at the indaba presented lessons, challenges and opportunities for the future of housing in Gauteng.

Speaking on behalf of the MEC for Local Government and Housing LH Mekgwe, the Chairperson of the Portfolio Committee on Local Government and Housing in Gauteng Hon. Errol Magerman, commended GPF for making visible strides and progress given the fact that it was initially launched with a grant funding of R442 million 10 years ago. He said Gauteng government has for a long time identified funding as an issue needing to be addressed as part of the whole bouquet of interventions. “We had to find innovative ways of unlocking the private commercial funding into the affordable housing sector. Promotion of vibrant and honest partnerships is urgently needed to address the funding challenge,” added Magerman.

GPF CEO, Mr Kutoane Kutoane’s presentation on “Building Sustainable funding partnerships”,  spoke to the GPF story moving beyond the 10 years of success, to furthering the vision 2014 of delivering 20 000 affordable and rental units in the province. Kutoane also announced that GPF’s extended mandate would go beyond affordable rental housing to include mixed and integrated housing developments.  Successful projects have already been delivered in Kliptown, Roodepoort, Fleurhof and Jabulani, despite the housing credit crisis over the recent years.

Head of the Department, Mr Mongezi Mnyani stated that planning of mixed housing projects in the province is informed by the Spatial Development Framework which is already making real progress in the affordable housing market. He said flagship projects such as Cosmo City, Nelmapius and Olivenhoutbosch were already benefiting from such initiatives. The challenge of these however was overpriced land, resistance from affluent residential associations and the less investment appetite from the private sector. Mnyani encouraged GPF to forge more partnerships in order to realize the success of the programme.

The Indaba’s discussion and guest presentations reinforced conclusions that the GPF serves as an important addition to the goal of the state is to encourage nation building and development through well located, mixed development and for eradicating informal settlements.

GPF projects are also part of urban renewal drives, and the 2030 Gauteng City Region vision, aimed at creating globally competitive and sustainable human settlement.  In the progression to these goals the DLG&H adopts the Gauteng Provincial government mantra, “GETTING GAUTENG WORKING-WORKING TOGETHER WE CAN DO MORE”

For further information:

The Gauteng Department of Local Government and Housing:  Motsamai Motlhaolwa on 079 897 2240 or  e-mail to  Motsamai.motlhaolwa@gauteng.gov.za

The Gauteng Partnership Fund.  Spokesperson:  Ismail Carr  on 083 346 1136
or e-mail to ismailc@gpf.org.za

Building sustainable housing delivery partnerships

Housing provision remains one of the greatest items on the public policy agenda in South Africa, with millions of our people still awaiting suitably located, affordable accommodation which would improve the quality of their livelihood.

Videos

Motsweding – DEPARTMENT OF COOPERATIVE GOVERNANCE AND HUMAN SETTLEMENTS

The Gauteng Department of Housing and Human Settlements said in this financial year, service stands will be allocated to all people living in informal settlements across the city of Tshwane. The Department says the process of allocating stands has been fast tracked as it is unacceptable that some people are still on a waiting list for almost four years. The issue has been raised during an Affordable Housing Indaba under the theme planning the Future of Integrated Human Settlements.

Video 1 – ANN7 – DEPARTMENT OF COOPERATIVE GOVERNANCE AND HUMAN SETTLEMENTS

Vuka Africa – The Gauteng Human Settlements Department says it will use at least R5billion, to accelerate housing and urban renewal projects in the 2015\16 financial year. This emerged during the housing indaba, in Johannesburg that is aimed at bringing various stakeholders together from both public and private sectors.

Video 2 – ANN7 – DEPARTMENT OF COOPERATIVE GOVERNANCE AND HUMAN SETTLEMENTS

Vuka Africa – The Gauteng Human Settlements Department says it will use at least R5billion, to accelerate housing and urban renewal projects in the 2015\16 financial year. This emerged during the housing indaba, in Johannesburg that is aimed at bringing various stakeholders together from both public and private sectors

Radio

Morning Talk,EEPF interview with Vinolia Mashiane 25 July 2013 

Radio interview with our CIO, Boni Muvevi on KAYA FM on Monday, the 30th April at 17h23.