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Affordable housing for all

Government plans to upgrade 500 000 shacks in informal settlements by 2014, through the provision of basic services and land tenure rights. There are currently 2 700 informal settlements across the country with 1,2 million households. The new plan is to upgrade 125 000 informal settlement units every year over the next four years through the National Upgrading Support Programme. It is part of government's aim to step up the delivery of affordable housing for all.

Government also aims to boost the number of rental housing units, by offering more housing finance. Government will set aside 6 000 hectares of land situated near city centres for affordable housing. The Affordable Rental Housing Programme also aims to increase the rate of affordable rental housing delivery to 300 000 units per year by 2014.

- BuaNews