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DRM INVESTMENTS LTD
SOCIAL HOUSING
Social housing is a term
referring to houses owned by
the state or by nonprofit
organizations or by a
combination of the two, with an
aim of providing affordable
housing. Social housing can
also be seen as a potential
remedy to the housing
inequality issue. Growing
African cities and towns are
drawing in rural migrants
looking for jobs. Shantytowns
and squatter settlements are
developing at a high rate.
DRM INVESTMENTS LTD
SEVERE HOUSING SHORTAGE
Severe housing
shortage exists across
Africa, due to a lack capacity
both in terms of human
resources plus materials to
provide housing promptly. A
lack of end user financing and
affordability make the situation
difficult. Governments together
with developers are finding
solutions that make it possible
for people on modest incomes
to purchase their own
homes. Increasingly,
developers are seeing rapid rates
of urbanization as an
opportunity.
DRM INVESTMENTS LTD
WEST AFRICA
West Africa, for
example Ghana, where
a population of 22+
million people in 2008
has reached 25+
million presently, has a
population growth that
is faster than the
housing authority can
keep up with. Housing
is high on the
development
agenda. It is
estimated there will be
housing deficit of over
2+ million units by
2020 in the country.
DRM INVESTMENTS LTD
Plans for Public Housing
EAST AFRICA
East Africa needs to fill a
current housing
demand of about 12+
million to 16 million
homes, according to the
World Bank
estimation. The African
Development Bank is
trying its best to fill the
demands, backing private
equity vehicles that targets
investments in the low-
cost housing sector in
countries like Kenya,
Uganda, Rwanda
and Tanzania.
DRM INVESTMENTS LTD
SOUTHERN AFRICA
In South Africa, Social Housing
Regulatory Authority (SHRA) manage
and regulate social housing institutions
and the private sector. Section 26 of the
Constitution states that all South
Africans have the right to have access
to adequate housing. National
Housing Department estimated number
of families without adequate housing is
about3+ million. Recognizing the need
to subsidize and the capital costs of
projects, the government has
committed itself to funding a large
part of the social housing project,
close to two third of it's cost, which
enables subsidized units in projects to
be offered to tenants with low monthly
household incomes.
DRM INVESTMENTS LTD
CONCLUSION
Every family needs a home to live in and
wants to own one, not rent. Governments
needs to subsidize, provide taxes and
import duty incentives to developers,
which results in keeping the cost down
and homes affordable. Financing
is definitely critical, low interest loans
needs to be given to developers and
payment installment schemes available
for potential homeowners. New
construction methods together with green
technology needs to be implemented,
from traditional to modular, where the
house components are manufactured at a
plant in volume, material wastage is
controlled to a minimum, quality is
maintained and labor time of construct is
reduced substantially. A combination of
all will benefit the African continent
social housing.
DRM INVESTMENTS LTD
Social Housings in Africa

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Social Housings in Africa

  • 2. SOCIAL HOUSING Social housing is a term referring to houses owned by the state or by nonprofit organizations or by a combination of the two, with an aim of providing affordable housing. Social housing can also be seen as a potential remedy to the housing inequality issue. Growing African cities and towns are drawing in rural migrants looking for jobs. Shantytowns and squatter settlements are developing at a high rate. DRM INVESTMENTS LTD
  • 3. SEVERE HOUSING SHORTAGE Severe housing shortage exists across Africa, due to a lack capacity both in terms of human resources plus materials to provide housing promptly. A lack of end user financing and affordability make the situation difficult. Governments together with developers are finding solutions that make it possible for people on modest incomes to purchase their own homes. Increasingly, developers are seeing rapid rates of urbanization as an opportunity. DRM INVESTMENTS LTD
  • 4. WEST AFRICA West Africa, for example Ghana, where a population of 22+ million people in 2008 has reached 25+ million presently, has a population growth that is faster than the housing authority can keep up with. Housing is high on the development agenda. It is estimated there will be housing deficit of over 2+ million units by 2020 in the country. DRM INVESTMENTS LTD Plans for Public Housing
  • 5. EAST AFRICA East Africa needs to fill a current housing demand of about 12+ million to 16 million homes, according to the World Bank estimation. The African Development Bank is trying its best to fill the demands, backing private equity vehicles that targets investments in the low- cost housing sector in countries like Kenya, Uganda, Rwanda and Tanzania. DRM INVESTMENTS LTD
  • 6. SOUTHERN AFRICA In South Africa, Social Housing Regulatory Authority (SHRA) manage and regulate social housing institutions and the private sector. Section 26 of the Constitution states that all South Africans have the right to have access to adequate housing. National Housing Department estimated number of families without adequate housing is about3+ million. Recognizing the need to subsidize and the capital costs of projects, the government has committed itself to funding a large part of the social housing project, close to two third of it's cost, which enables subsidized units in projects to be offered to tenants with low monthly household incomes. DRM INVESTMENTS LTD
  • 7. CONCLUSION Every family needs a home to live in and wants to own one, not rent. Governments needs to subsidize, provide taxes and import duty incentives to developers, which results in keeping the cost down and homes affordable. Financing is definitely critical, low interest loans needs to be given to developers and payment installment schemes available for potential homeowners. New construction methods together with green technology needs to be implemented, from traditional to modular, where the house components are manufactured at a plant in volume, material wastage is controlled to a minimum, quality is maintained and labor time of construct is reduced substantially. A combination of all will benefit the African continent social housing. DRM INVESTMENTS LTD