Affordable housing finance for those who dont qualify for a bond but earn too much to be considered for free housing

President Cyril Ramaphosa yesterday launched one of the biggest residential infrastructure projects in the country's history. The 33-billion-rand Mooikloof Mega Residential City project in Pretoria will provide affordable housing through the Finance Linked Individual Subsidy programme that the Human Settlements Department has initiated. The project, one of 62 similar projects to be undertaken, is also projected to revive the economy due to the impact of the Coronavirus.