“We have to strengthen the arm of regulation and we are in the process of doing that because our role is to try to ensure that our environment is well regulated for the benefit of the tenants. But also, we must have a proper means test for the income bracket that we are supposed to take to our units because there is a problem around there,” Dlamini said.
“The forms are too big and they have hurdles for the blacks that must be removed. But also we must be transparent. SHRA is Gauteng and Cape Town, we must try to spread around and ensure that all provinces benefit.” Earlier he told parliament that preparations to establish the Human Settlements Development Bank were at an advanced stage. “As we prepare to become the HSDB, the aim is to deliver sustainable, equitable, accessible value creation by effectively and efficiently providing quality funding and financial support.”
Mamatela said economic conditions were not favourable because of slow economic recovery. This, she said, had been worsened by the coronavirus pandemic.