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November 2015
H
eld in October, the ‘Born with
Dignity’ event honouredWorld
Habitat Day, held during Oc-
tober, and it was an opportunity for
Codevco, a subsidiary of JSE-listed
Basil Read, to conduct site visits as
Phase One of the innovative housing
development nears completion.
The innovative Gauteng Depart-
ment of Local Government and Hous-
ing and the City of Johannesburg
project is located 20 km from the CBD
and borders Cosmo City. Codevco, the
implementing arm for the City of Jo-
hannesburg, will provide 489 serviced
stands and 486 houses in Phase One.
The development will create 11 100
job opportunities in an economically
distressed environment. Skills devel-
opment in construction and entre-
preneurial programmes will improve
the community’s employability, and
5 600 jobs post construction. Of the
164 ha site, 112 ha is developed. The
scope of the work includes 3 510 fully
subsidised houses, 646 Finance Linked
Individual Subsidy Programme units,
464 fully bonded units and 894 high
density residential units – a total of
5 514 units. Four sites have been zoned
for urban agriculture.
The City of Johannesburg De-
partment of Development Planning
Strategic Advisor, Bongani Nkosi said,
“There is a huge appetite for housing
developments close to economic
activity and it was important for the
city to play a big role in ensuring that
housing needs in this area being met.
The Department is the custodian of
planning throughout the city.”
He added that the city has spent
over R500 million to ensure that
people receive decent housing.
These housing developments are
meant to improve the lives of the
people in these communities and
this includes providing schools and
Housing
Malibongwe Ridge
Zippy three-wheeler
Tu k Tu k s r e ce n t l y
took camera crews ,
provincial, local and
nat ional digni tar ies
on site visits around
Ma l i b o n gwe R i d g e
development , North
West of Johannesburg.
All guests then joined
in the celebrations to
honour World Habitat
Day with the Itsoseng
informal residents at
Malibongwe Ridge.