SHRA 2022/2023 Training Programme to Kick Start in August 2022
The SHRA is mandated to... readmore
The Social Housing Investment Programme (SHIP) 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. Please click here to view the Capital Grant Brocure.
The CCG is a significant contribution to the capital cost of a social housing project, contributing to the delivery of viable, feasible, and sustainable projects that provide affordable rental housing to the poor.
All delivery agents must have provisional or full accreditation status, and shall comprise,
Delivery agents shall exclude a provincial government or municipalities.
The project must:
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.
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.