HIGHBUDGETGPWCKZNECLPMPNWFSNC SAnews.gov.za
Budget Cut
Human settlements delivery depends on better coordination, says Simelane- βDepartment of Human Settlements budget reduced by nearly R7 billion for 2026/27 (from previous year) to R26.97 billion
- βBudget cuts will significantly impact Medium-Term Development Plan targets for housing delivery
- βMinister emphasizes need for innovation, partnerships, and coordinated action to 'do more with less'
- βAmbitious targets remain: 39,058 housing units, 25,186 serviced sites, 11,358 First Home Finance approvals, 9,231 subsidies
- βHousing delivery now includes broader scope: social housing, rental, mixed-use developments, etc.
- βIncreased reliance on private sector partnerships and alternative financing models expected
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