City of Johannesburg Council approved the Inclusionary Housing Incentives, Regulations and Mechanisms
On 21 Feb 2019, the City of Johannesburg Council approved the Inclusionary Housing Incentives, Regulations and Mechanisms 2019. Please see a brief summary below:
Requirements and Conditions for Inclusionary Housing
- Inclusionary housing is mandatory for any development application under the jurisdiction of the City of Johannesburg Metropolitan Municipality that includes 20 dwelling units or more. Different options (and associated incentives) are given for inclusionary housing that developers may choose from. In each option, a minimum of 30% of the total units must be for inclusionary housing.
- Inclusionary housing requirements are triggered by land development applications. As such, the Framework does not affect existing, approved land use rights.
- When inclusionary housing is applicable, it will be implemented as a condition for development (in land use/development approvals) by the City of Johannesburg. The City may take action against developers/owners who do not comply with the conditions for inclusionary housing outlined in land use/development approvals, as with any condition of approval.
Read more HERE