One of JHC’s most significant achievements is that it has reached a position of financial sustainability while it has succeeded, too, in fulfilling its social mandate. Operating within a framework of sound governance and strict business principles it has achieved its defined financial and social objectives.

Funding JHC: an overview

The Johannesburg Housing Company was set up with an initial capital grant of R50-million from the European Union, as well as funding from the Flemish government. Since then, we have grown our asset base and balance sheet, which is made up of debt, equity and grant funding.