THE City of Cape Town will launch its Land Release Programme for More Affordable Housing at its first Affordable Housing Indaba set to take place later this week.
The city says the programme has been informed by its assessment of suitable city-owned land, including land in and near the Cape Town central business district and other urban centres in the metro, to determine whether some of these properties could be developed for affordable housing opportunities.
The Indaba seeks to bring together affordable housing partners, other government stakeholders, financiers and private developers to unlock opportunities on well-located land that will be released by the city.
“The outcomes of the Indaba will inform the city’s accelerated Affordable Housing Programme,” says Cape Town mayor Geordin Hill-Lewis.
“We hope to learn from the private sector and other stakeholders, especially about what they require for sustainable private and public partnerships that can accelerate affordable
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