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Inner-city housing financier TUHF gets R203m loan boost

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The funding will enable the development of 1,300 affordable rental units

Proparco, the private sector arm of the French Development Agency has given inner-city housing financier TUHF a R203.8m loan to support low-cost housing initiatives and entrepreneur development.

The organisation aims to provide financial support to small and medium enterprises and businesses, both directly as well as through banking and non-banking institutions in SA...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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