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February 27 2019
Mixed response to City of Joburg’s inclusionary housing policy
The rich will soon live side by side with the poor in Johannesburg. The so-called ‘inclusionary housing policy’ that was adopted by the City of Johannesburg on Thursday, which envisages the rich and poor living side by side in some of the city’s exclusive residential developments, has garnered mixed reaction from private property developers. The […]
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December 27 2018
The Nodal Review Policy and the Inclusionary Housing Incentives, Regulations and Mechanisms have been completed after the call for public comments on 28 Feb 2018. Both documents served before Mayoral Committee on 6 December 2018, where approval was given for them to proceed to Council for consideration at the end of January 2019. The City […]
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August 8 2018
Joburg inclusionary housing a reality this year
Despite considerable criticism and several threats of legal action, the City of Joburg hopes to pass its inclusionary housing policy before the end of the year. Moneyweb earlier reported that the draft policy provided that developers of residential complexes with more than 10 units would be required to set aside at least 20% of the total number […]
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August 3 2018
City of Johannesburg officials met with property developers and members of the public this week to provide feedback on public comments to its proposed inclusionary housing policy. Published in February, the proposed policy aims to make the provision of quality low-cost housing within all new residential complex developments a compulsory requirement. It aims to do […]
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August 6 2018
How Joburg’s inclusionary housing plan has changed
Last week, a public hearing between developers, property practitioners and representatives of the City of Johannesburg Metro Centre was held to discuss the way forward for inclusionary housing. “The meeting resulted in an incredibly positive outcome,” said Chris Renecle, MD of Renprop, noting that “the city really listened to the objections the property industry raised […]
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April 23 2018
New Jozi developments may have to include affordable housing
Johannesburg’s proposed new housing policy, which recognises the need for developments to yield a profit, may turn out to be a win-win solution. As part of its strategy to create a more liveable urban space, the City of Johannesburg is introducing a new Inclusionary Housing Policy that could make it mandatory for developers to build affordable housing […]
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