Housing Support from Government and Employers

Question 1

What is an individual housing subsidy?

Answer 1

• a grant of money available to people from low-income groups
• who want to buy a residential property for the first time

Question 2

What kind of payment is an individual housing subsidy grant?

Answer 2

• once-off payment
• does not have to be paid back because it is not a loan

Question 3

What do individual housing subsidy applicants have to pay?

Answer 3

• the difference between the subsidy and the cost of the existing house

Question 4

What is the qualifying criteria for housing subsidy?

Answer 4

• must be a SA citizen
• at least 21
• monthly household income cannot exceed R3500 and proof of income must be submitted
• nobody in household may have received a previous housing subsidy
• must be a first-time homeowner
• must be married, live with a long-term partner, or have financial dependants