Social Housing Act, 2008 (Act No. 16 of 2008)Chapter 5 : General Provisions18. Financing of social housing |
| (1) | Funds for the social housing programme and for financing the implementation of the social housing programme and any relevant provincial housing programme consistent with national housing policy must be made available from— |
| (a) | money earmarked for that purpose from the Department's annual budget; and |
| (b) | money allocated to a province for that purpose in terms of the annual Division of Revenue Act. |
| (2) | Criteria for— |
| (a) | the earmarking of money in terms of subsection (1)(a) must be determined by the Minister after consultation with Minmec; |
| (b) | the allocation of money in terms of subsection (1)(b) must be determined by the Minister in consultation with Minmec. |
| (3) | Monies made available as contemplated in subsection (1) may be utilised only for the purposes set out in this Act and the annual Division of Revenue Act, as the case may be. |