Masibambisane Community Trust provides housing for people that are rejected banks for bonds.
People that do not qualify for free housing, people that are on ITC. Masibambisane gives everybody
an opportunity to own houses they call theirs. This Trust doesn’t loan money. This trust was established
3 years ago, after the founders realized that there is a number of professionals and people that
pay tax but do not qualify for bonds, our even a free house, while they PAY tax.
The mission is to contribute towards the government’s goal of no shacks by 2020, by providing
affordable housing for the low income earners as well as to establish a single fund distributed
equally amongst our members that enable jurisdictions to build financially feasible units with long
term affordability that maximizes financial resources and the total number of units that can be
developed.
These are not free houses, they are worth R250 000 and everyone does pay for their
house, the difference is your financial background is not the main reason to determine wheather
or not you can own a house. More information will be available on the website that goes up
on the 11th of September 2011, www.masibambisane.co.za. But in the mean time you can
call (031) 301 9940 or email
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.