More than 1200 people attended George’s first Affordable Housing Open Day on Saturday, at St. Augustine Hall hosted by George Municipality in conjunction with Western Cape Department of Human Settlements (WCDoHS).
“The Affordable Housing Open Day was aimed at households whose income ranges between R3 501 and R22 000 per month as first-time buyers and low-to-middle income households face many barriers when entering the property market,” said George Municipality spokesperson, Debra Sauer.
“The purpose of the Open Day was to specifically pre-screen candidates for mortgage finance with a financial institution of their choice and to introduce the Syferfontein Catalytic project and display the affordable housing options available to qualifying candidates.”
She said that after completing registration and submitting the compulsory Expenditure form with the necessary documentation required for screening, applicants were directed to view a 3D display and site maps of the new Syferfontein project under construction, which will consist of more than 300 FLISP homes.
George Municipality happy with attendance numbers
“This was followed with WCDoHS relaying pertinent information on the FLISP subsidy that would enable qualifying candidates to receive said subsidy, which is paid to the relevant financial institution with whom their mortgage lies, to reduce their home loan repayments,” Sauer.
“Nedbank, FNB, Standard Bank and ABSA attended the Open Day and assisted the applicants with pre-screening where possible.”
She said that the attendance of more than 1 200 applicants, highlights the need for affordable housing in George.
“It goes a long way to strengthen the efforts that are made to enable these households to enter the property market,” Sauer said.
“George Municipality is delighted with the outcome and the positivity received from the potential beneficiaries and would like to encourage any member of the community, falling within this income range, to submit their documentation in an effort to see if they could qualify for the Affordable Housing.”
The closing date for applications of this Open Day is Monday, 4th March 2019, at which point all applications must be received at the Existing Housing offices.
More information is available by contacting the Existing Housing o
ffices on 044-801 9113.
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