On March 12, 2024, the Human Settlements Directorate in Cape Town distributed title deeds to new homeowners in Scottsdene, Kraaifontein, marking a significant milestone for the community. The possession of a home represents financial stability, opportunities, and pride. While there are still over 12,000 unclaimed title deeds, the city’s commitment to increasing homeownership is a vital initiative towards a more prosperous Cape Town.
Seawinds residents became homeowners on February 13, 2024, after receiving title deeds from the City’s Human Settlements Directorate. The event marked a significant milestone in establishing legal ownership and securing potential financial futures for the beneficiaries. The Directorate aims to transform more residents into rightful homeowners to build a legacy for future generations, and over R21.6 million has been earmarked to enhance the tracking and identification of rightful beneficiaries. By creating homeowners, the Directorate is contributing to the creation of a secure, prosperous future for the residents and their descendants.
The Human Settlements Title Deeds Drive initiative reached Kuyasa, a neighborhood in Khayelitsha, Cape Town, on June 14, 2023. This program aims to empower residents, especially beneficiaries of previous housing programs, to claim their rightful title deeds. By providing security of tenure, it enables property owners to unlock opportunities for themselves and future generations.
Soweto Residents Urged to Collaborate with Government to Accelerate Service Delivery
The high demand for housing in Soweto has resulted in a backlog in title deeds and home allocations, forcing many people to live in informal settlements. As the area experiences an influx of people looking for work and housing, Minister Mmamoloko Kubayi is calling for collaboration between the government and Soweto residents to address the challenges in the human settlements sector.
The City of Cape Town has launched a new initiative called the NoCost Property HomeOwnership Transfer Program. It aims to provide eligible beneficiaries with a unique opportunity to become homeowners without incurring any transfer costs. The program is part of the Mayor’s Priority Program, which is expected to achieve around 22,000 nocost transfers over the next three years, with an allocation of R38 million.
The City of South Africa has introduced a new program that allows its tenants to own their rental units by transferring the title deeds to them free of charge. This initiative is part of the Mayor’s Priority Programme, which aims to empower residents by providing them with homeownership opportunities at no cost.