Tuesday, 07 March 2017 12:25

Making green affordable housing a reality

Nedbank Corporate and Investment Banking (NCIB) today announced that is has made the first disbursement from an innovative R120 million Sustainable Affordable Housing finance facility that was put in place through the collaborative efforts of Nedbank’s Affordable Housing Development Finance division, and South Africa’s Green Fund.

The Johannesburg Social Housing Company (JOSHCO) has begun work on a housing development valued at R200 million in Dobsonville, Extension 2, Soweto to be completed by June 2016.

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