New efforts to spring-clean CBD


As part of an inner city rejuvenation project ahead of 2010, city officials have undertaken a far-reaching housing plan that will ensure between 50 000 and 75 000 new residential units in or near the CBD by 2015.

At least 20 000 of these units must be affordable to households in lower income bands.

The plan looks at the current demand for housing and sets out the institutional and financial arrangements required to drive housing delivery. Significant funding was provided for housing while a further R300m has been set aside for urban regeneration programmes.