Social Housing Social Housing Foundation Foundation [PMG note: photo’s have been removed] [PMG note: photo’s have been removed] “Building Communities, Building Social Housing” Presentation to Presentation to Portfolio Committee on Portfolio Committee on Housing 14 May 2008 Housing 14 May 2008
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Social Housing Foundation [PMG note: photo’s have been removed] “Building Communities, Building Social Housing” Presentation to Portfolio Committee on.
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Transcript
Social Housing Social Housing
FoundationFoundation[PMG note: photo’s have been removed][PMG note: photo’s have been removed]
“Building Communities,
Building Social Housing”
Presentation to Portfolio Presentation to Portfolio
Committee on Housing 14 Committee on Housing 14
May 2008May 2008
Contents
1. Mandate2. Company Structure and Strategic
Objectives3. Key Performance Areas4. Provincial Operations & Priorities for
1. Mandate[PMG note: photo’s have been removed][PMG note: photo’s have been removed]
1. Mandate (1)
1.1 Legal StatusThe Social Housing Foundation was established as a section 21 company in 1997 under the Companies Act (Act 61 of 1973). The Social Housing Foundation (SHF) is a Schedule 3A Public Entity as indicated in the PFMA and Treasury Regulations
1.2 MissionThe mission of the SHF is to provide strategic services towards creating and developing a sustainable and vibrant social housing sector in South Africa
1. Mandate (2)
1.3 Mandate• The organisation was established as a national institution and is
formally mandated by the National Department of Housing to develop and build capacity for social housing institutions and to develop a policy framework for the social housing sector through the Housing Amendment Act 20 of 1999.
• SHF has also been mandated by NDoH to be the Implementing Agent for the Interim Social Housing Programme (in the absence of SHRA)
• SHF has championed the new National Rental Housing Strategy.• SHF is the entity that has been tasked to manage the
VROM/NDoH MOU.• SHF is working with the SIU at NDoH on the Turnaround of
distressed projects.
1.4 Mandate (contd)•Central to this goal, SHF creates credible social housing institutions (SHIs) and simultaneously develops housing capacity.
•We deliver expertise, products and services in response to the challenges impacting the South African social housing environment.
1. Mandate (3)
1. Mandate (4)1.4 Mandate (contd)Expertise - project development
- project packing
- project modeling
- property management
Services - advise
- facilitation
- information research
- training
Products - tools
- methodologies
- best practise (models)
2. Company Structure[PMG note: photo’s have been removed][PMG note: photo’s have been removed]
2. Company Structure (1)
2.3 Structure
Executive Management
Strategic Management Stakeholder Management Organisational Development Organisational Performance
Implementation of programmes
Delivery arm Support Research Financial Planning & Management
Systems Development, budgeting, cost control, procurement & reporting
Management Information
2.4 Alignment
ISHP
Long Term Funding
• Grants/Subsidies
• Bridging/Equity
(TUHF)
• Loans (P/Sector)
PROJECTPROGRAM:
OUTCOMES:
PSSP
Increase Number of Units Delivered
SHI SUPPORT (Technical)
R & D TURNAROUND(Dept. Lead)
• Regulator Skills Developed• Base Information for SHRA• Social Housing Act
City, NMMM, Rustenburg/Potch, Mangaung on track• Nelspruit, Sol Plaatjie, Polokwane lagging.• Pipeline: process (both SH + CRU) – commitment from
province, municipality, SHI’s. Tools provided – capacitation. Strategy which goes to sub-committees of NSHTT – outlines an approach, engagement, scan, unblocking, workshops
4. Provincial Operations (coverage)(5)
4.5 Turnaround Interventions• Finalise Abahlali – complete sales and transfers• Support KWTHA legal process• Complete N2 Gateway: Joe Slovo interventions• Fast-track EHI interventions• Welkom projects to come on board• Gauteng projects to come on board.• Other projects as per official list
4. Provincial Operations (coverage)(6)
4.6 ISHP 2007/08 + 2008/09 • 10 projects shortlisted with 4000 units• Will be able to fund 3 projects with approximately 1300 units
with R180m budget.• 2008/09 : Calls for proposals has begun using the existing
pipeline.• Will be able to build approximately 1500 units with R196m
budget• Unit works closely with both TSSP and PSSP
Materiality is calculated for the company as a whole and not for each component. All componentsare indicators of performance. However, the gross expenses component would be selected as a basis for materiality calculation, as it is a reflection of the level of acvtivity of the company as awholeManagement would be requested to adjust all material misstatements detected accordingly.It should be noted that 100% of the cost of any fraud would be reported and adjusted for
6. Corporate Governance6.1 Governance• Executive Officer – Minister of Housing• Executive Authority – 7 members
– Requires 2 new members = NDOH advised• Accounting Authority – Board of Directors
– Requires 2 additional directors = NDOH advised• Accounting Officer – Managing Director• Board Committees – Audit (including fraud and risk); Human Resources, Ethics and
Remuneration = Charters in place• Board Technical Sub Committee for ISHP approvals in place• PFMA – Treasury Guidelines, King Code II and Protocol of Corporate Governance
compliant• Shareholders Compact = currently being reviewed by BOD• External audit – 10 years unqualified audit reports• Internal audit – in place, perform annual risk assessment and three targeted evaluations
annually = no major problems found• Fraud plan, Risk plan, Business Interruption plan, HR strategy plan in place• Employment Equity plan in place• NPO registration applied for and waiting confirmation