Monday, January 18, 2010

State approves funding of rental properties

National government has approved funding worth billions to refurbish rental properties belonging to the State in Cape Town.

The project will be done in phases, starting with upgrades of rental units in Kewtown near Athlone. Mayor Dan Plato says they will also provide fencing, plant trees and build more parking areas in the city. His spokesperson, Rulleska Singh, says the project will begin next month. Singh says the first phase of the project is set to incorporate over 7 500 rental stock units in 11 areas in Cape Town.

Singh says the project is to upgrade the current rental units of the council, to move the people who are in the rental stocks into temporary housing while the refurbishment is being done and then to move them back block by block. - SABC

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