The Department of Human Settlements offers a housing subsidy for low income, first time home owners by way of FLISP (Finance Linked Individual Subsidy Programme).
Successful applicants will have a combined household income between R3 501 – R15 000; be South African citizens, or have permanent residence permits; will not have qualified for a government housing subsidy before; will not have owned a residential property before; will be competent to contract; and will be married, or cohabiting, or single with financial dependents.
The documents must be submitted together with a valid sale agreement and bond approval. If all the requirements are met, applicant(s) could qualify for a subsidy of between R20,000 and R 87,000.
For more information, contact us at:-
Cape Town 021 406 9100 | Claremont 021 673 4700 | Fish Hoek 021 784 1580 | Blouberg 021 521 4000 | Tyger Valley 021 943 3800 | Somerset Mall 021 850 6400 | Illovo 011 219 6200 | Bedfordview 011 453 0577 | Centurion 012 001 1546 | Stellenbosch 021 001 1170 | Menlyn 012 348 1682 | Fourways 010 001 2632 |