HHs) 49% 63% 50% 0% 0% 0% %age HH Assisted in Periphery 123,999 25,483 35,384 40,811 45,653 52,048 Hectare of additional land required Existing 12,028 3,362 4,872 Arena where Land is Required (ha) township Table 17: Alternative scenarios Scenario Arena Scenario : Scenario : Scenario : Scenario : Scenario: NDP Scenario: NDP Historic Lowest Cost to Formalisation of National (enhanced (enhanced practice the State Informality Development demand side demand side Plan (Absorption vouchers vouchers and increased by increased by sustainability) 50%) 100%) 878,263 484,247 573,742 643,616 689,375 689,375 Total Costs (R'm) Total State Contribution 641,812 127,049 223,925 212,928 270,356 299,730 (R'm) Total State Housing Subsidy 236,889 - 13,289 3,929 3,929 11,636 (R'm) Total State Additional Subsidy 269,898 85,642 66,708 97,001 97,001 108,141 (R'm) 124,874 - - - - - Total State Funding Gap (R'm) 10,151 - 58,962 31,272 88,122 141,429 Total State Demand Side
HHs) %age HH Assisted in Periphery 49% 63% 50% 0% 0% 0% Hectare of additional land required 123,999 25,483 35,384 40,811 45,653 52,048 Arena where Land is Required (ha) Existing township 12,028 3,362 4,872 Table 17: Alternative scenarios Scenario Arena Scenario : Historic practice Scenario : Lowest Cost to the State Scenario : Formalisation of Informality Scenario : National Development Plan (Absorption and sustainability) Scenario: NDP (enhanced demand side vouchers increased by 50%) Scenario: NDP (enhanced demand side vouchers increased by 100%) Total Costs (R'm) 878,263 484,247 573,742 643,616 689,375 689,375 Total State Contribution (R'm) 641,812 127,049 223,925 212,928 270,356 299,730 Total State Housing Subsidy (R'm) 236,889 - 13,289 3,929 3,929 11,636 Total State Additional Subsidy (R'm) 269,898 85,642 66,708 97,001 97,001 108,141 Total State Funding Gap (R'm) 124,874 - - - - - Total State Demand Side 10,151 - 58,962 31,272 88,122 141,429
FPU_Housing-finance-options-analysis_19-november-2012-2.docx