Capital Investment

The SHRA may invest in social housing projects in accordance with the investment criteria set out in the Social Housing Regulations.

Capital investment is made through the Consolidated Capital Grants (CCG) and debt Funding. There are instances where delivery agents are able to contribute their own equity, or may secure donor funds.

CONSOLIDATED CAPITAL GRANT (CCG)

Capital investment is made through the Consolidated Capital Grants (CCG) and debt Funding. There are instances where delivery agents are able to contribute their own equity, or may secure donor funds.

DELIVERY AGENTS

SHRA delivers social housing units through delivery partners. These can either be in the form of social housing institution (SHIs), which are non-profit companies or other delivery agents (ODAs) which are for-profit companies. SHIs must be conditionally or fully accredited by the SHRA.

Delivery partners comprise of the following:

Delivery agents shall exclude provincial government or municipalities.

CONSOLIDATED CAPITAL GRANT (CCG) QUANTUM

APPLICATION PROCEDURES

The application will comprise

INVESTMENT CRITERIA

The project must:

DEBT FUNDING

The confirmation of the approval in principle of a debt funding arrangement by an approved Financial Service Provider (FSP) for a project is a pre-condition to the submission of a CCG application. On approval of the grant, it is a condition of financial closure that the delivery agent enters into a contract agreement with the FSP for the required loan to cover the balance of funds for the project after taking into account the CCG. The debt funding agreement shall be concluded on terms and conditions that are acceptable to the SHRA.

OWN EQUITY AND/OR DONATIONS

In certain circumstances, the delivery agent may contribute its own equity to the project or obtain donations to the project. This additional source of funding is welcomed and is acceptable to the SHRA. These sources of funding are to be declared at grant application stage, and are to be included in the financial viability to demonstrate the reduction in debt financing.

Other Investment Areas

he Social Housing Investment Programme (SHIP) may invest in social housing projects in accordance with the investment criteria set out in the Social Housing Regulations.
The Sector Development and Transformation (SD&T) Programme administers the Institutional Investment Grants (IIG).

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