City to spend R2,1 billion on new housing

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Cape Town – In response to the immediate need for housing in Cape Town, the Transport and Urban Development Authority (TDA) will spend R2,1 billion on the development of new housing opportunities over the next three financial years, and R481 million to relieve congestion.

“The bulk of the housing opportunities will be developed on well-located land close to public transport, jobs, government services, and public amenities,” said the Cape Town City’s mayoral committee member for transport and urban development, councillor Brett Herron.

“To fund the acquisition of additional well-located land parcels for future housing projects, the TDA has budgeted R155 million for the acquisition of land in the next financial year.”

According to Herron, most of the capital projects are located within the city’s urban inner core, which is in line with the City’s revised Municipal Spatial Development Framework.

“Thus, the City will keep on investing in maintaining and upgrading existing infrastructure, while at the same time prioritising public investment in an urban inner core as stipulated by the Built Environment Performance Plan,” Herron added.

The improvement and expansion of transport options to City residents were also on the table.

“We want to improve mobility in Cape Town, be it by cycling, car, minibus-taxi, bus or train,” said Herron, who claimed that over 500 000 Capetonians cannot afford motorised transport, and either walk or cycle to their destinations.

“We will keep on expanding the network of safe sidewalks and cycle lanes with the non-motorised transport funding we receive from National Government.”

For those using private vehicles, Herron said they were aware of the congestion on the roads, the frustration this causes, its impact on the City’s productivity and the residents’ quality of life.

The 2018/19 budget was allocated to 36 housing developments which are either in the planning phase, already underway, or in the process of being finalised.

The housing projects are situated in Nyanga, Atlantis, Heideveld, Fisantekraal, Grassy Park, Somerset West, Scottsdene, Hangberg, Durbanville, Bardale, Belhar, Delft, Gugulethu, Manenberg, Strand, Blue Downs, Dido Valley, Macassar, Harare, Imizamo Yethu, Valhalla Park, Masiphumelele, Brown’s Farms, Beacon Valley, Salt River, Sir Lowry’s Pass Village, Langa, Vrygrond, Retreat, Ottery and Philippi, among others.

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