PORTFOLIO COMMITTEE ON HOUSING

TUESDAY, 13 MAY 2008

PRESENTATION TO PARLIAMENT

2

NURCHA’S MANDATE

“NURCHA ENSURES THE AVAILABILITY OF

BRIDGING FINANCE TO SMALL, MEDIUM

AND ESTABLISHED CONTRACTORS

BUILDING LOW AND MODERATE INCOME

HOUSING AND RELATED COMMUNITY

FACILITIES AND INFRASTRUCTURE”

3

NURCHA OUTPUTS: YEAR ON YEAR COMPARISON

4

DEVELOPMENT OUTPUTS: YEAR ON YEAR COMPARISON

5

QUARTERLY BEE EMPOWERMENT STATUS REPORT

Q1 Q2 Q3 Q4 Total Loan Value – Q4

Number of contractors

26 19 25 14

Black owned 81% 76% 80% 80% 21,275,332.00 Black empowered 0% 0% 0% 0% - Black influenced 0% 0% 0% 0% - Non BEE 19% 24% 20% 20% 28,165,256.00 TOTAL 100% 100% 100% 100% 49,440,588.00

Male owned 81% 78% 74% 74% 40,040,588.00 Female owned 19% 22% 26% 26% 9,400,000.00 TOTAL 100% 100% 100% 100% 49,440,588.00 Emerging 85% 84% 86% 86% 27,550,000.00 Established 15% 16% 14% 14% 21,890,588.00 TOTAL 100% 100% 100% 100% 49,440,588.00

NOTE:Black owned ≥ 51%Black empowered 25% - 50%Black influenced 5% - 25%Female owned ≥ 51% ownership

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INCOME STATEMENT FOR THE PERIOD 31ST MARCH 2008

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NOTES

8

BALANCE SHEET AS AT 31ST MARCH 2008

9

BALANCE SHEET AS AT 31ST MARCH 2008

10

BALANCE SHEET NOTES

11

ADMINISTRATION EXPENDITURE COMPARISON – 31ST MARCH 2008

12

ADMINISTRATION EXPENDITURE COMPARISON – 31ST MARCH 2008

13

BUDGET OUTPUTS FOR THE PERIOD 2008/09

NUMBER OF PROJECTS IN LOANS SIGNED

VALUE OF LOANS SIGNED VALUE OF PROJECTS SIGNED

PROGRAMME 2007/ 08 REVISED BUDGET

2008/ 09 BUDGET

2007/ 08 REVISED BUDGET

2008/ 09 BUDGET

2007/ 08 REVISED BUDGET

2008/ 09 BUDGET

SUBSIDY HOUSING (HOUSES & SERVICED SITES)

74 88 159 064 320 207 163 321 1 165 538 909 1 512 510 900

AFFORDABLE HOUSING (HOUSES & SERVICED SITES)

26 27 157 749 575 179 595 000 622 577 253 864 300 000

INFRASTRUCTURE & COMMUNITY FACILITIES

76 61 91 791 273 107 910 000 687 742 240 686 500 000

14

BUDGET OUTPUTS FOR THE PERIOD 2008/09

NUMBER OF HOUSES IN LOANS SIGNED

HOUSES COMPLETED

PROGRAMME 2007/ 08 REVISED BUDGET

2008/ 09 BUDGET

2007/ 08 REVISED BUDGET

2008/ 09 BUDGET

SUBSIDY HOUSING (HOUSES & SERVICED SITES)

43 565 46 165 32 011 31 345

AFFORDABLE HOUSING (HOUSES & SERVICED SITES)

6 155 6 510 3 961 4 360

15

BUDGET BALANCE SHEET AS AT 31ST MARCH 2009

16

BUDGET INCOME STATEMENT AS AT 31ST MARCH 2009