News Archive

UN award for Jo’burg housing group

© Business Day

By Chantelle Benjamin
Johannesburg Metro Editor

The Johannesburg Housing Company (JHC), one of the largest inner-city residential landlords, has managed to keep its rent arrears at 3% for 10 years, despite catering largely for the lower end of the market.

This achievement and its innovative solutions to the city’s chronic housing shortage has earned it the UN Habitat Award, which is to be presented to CEO Taffy Adler in Naples, Italy, next month.

JHC makes two more buildings in Hillbrow "Your home in the City"

Large amounts of furniture on an inner city street normally are signs of an eviction. This past weekend, however, the trucks offloading beds, cupboards, fridges and computers were a sign of over 160 families moving into two recently renovated buildings; Cresthill and Gaelic Mansions in Hillbrow.

Both buildings were taken over in the City of Johannesburg’s Better Buildings Programme.

"The conditions in both buildings were absolutely atrocious" says Mike Mohoase, JHC’s Technical Services Officer.

The upgrades took place over eight months and cost approximately R19 million.