Cape Town’s land release pipeline is now totalling over 14,000 affordable units [SOUND]

# The City of Cape Town says it is aiming to forge strong public-private partnerships for more affordable housing. Land parcels with a yield of over 14-thousand affordable units are currently in the active land release pipeline or project packaging stage. This is worth an estimated 26-billion-rand in private sector development capital. Mayoral committee member for Human Settlements, Carl Pophaim, says the metro has released land valued at 1.7-billion-rand in just the last two years: