The National Housing Finance Corporation SOC Ltd (NHFC) is a state-owned entity in the human settlements sector of South Africa, supporting housing delivery through the provision of affordable housing finance.
The National Housing Finance Corporation SOC Ltd is an entity of the Department of Human Settlements (DHS) under the National Government of South Africa.
The organisation has been in existence since 1996, operating on a national level, providing wholesale funding to the affordable housing market.
On 1 October 2019, the National Urban Reconstruction and Housing Agency (NURCHA) and the Rural Housing Loan Fund (RHLF) were merged into the National Housing Finance Corporation SOC Ltd (NHFC).
The purpose of the National Housing Finance Corporation SOC Ltd is to serve the South African households evolving needs of access and affordability to adequate housing, in quality living environment.
The mission of the National Housing Finance Corporation SOC Ltd is to provide innovative and affordable housing finance solutions for the low-to-middle income market. The Corporation does this by applying its values, which are:
- Accountability
- Collaboration
- Excellence
- Leadership
- Integrity
- Innovation
- Diversity
- Ubuntu
- Professionalism
Mandate
The funding focus of the National Housing Finance Corporation has primarily been social housing institutions, non-banking retail intermediaries, privately owned property developers, construction companies, and investors.
The secondary focus had been loan origination and other forms of wholesale funding (equity and quasi-equity) that was made available to intermediaries that operate within the affordable housing market sector.
With the merger of the Rural Housing Loan Fund (RHLF) and the National Urban Reconstruction and Housing Agency (NURCHA) into National Housing Finance Corporation (NHFC), the mandate of the entity has since expanded to include rural housing as well as supplying bridging finance to developers and construction companies in the subsidy housing market.
Strategic Objectives
The strategic objectives of the National Housing Finance Corporation are to:
- Expand housing finance activities, through the effective provision of housing finance solutions, thus enabling low-to-middle income households to have the choice of renting or owning, or incrementally building, to meet their housing needs
- Facilitate the increased and sustained lending by financial institutions to the affordable housing market
- Mobilise funding into the human settlement space, on a sustainable basis, in partnership with the broadest range of institutions
- Conduct the business activities of the National Housing Finance Corporation in a manner that ensures the continued economic sustainability of the National Housing Finance Corporation, while promoting lasting social, ethical and environmental development
- Stimulate the low-to-middle income housing sector, by providing robust, relevant and timely research and market analysis to practitioners and housing customers
Overseeing Department/Entity
Office Bearers/Management
Chairperson
- Mr Luthando Vutula
Board Members
- Ms Seithati Bolipombo
- Mr Tembinkosi Bonakele
- Ms Thembi Chiliza
- Mr Velile Dube
- Mr Paul Heeger
- Ms Palesa Kadi
- Ms Tshepiso Kobile
- Mr Thulani Mabaso
- Ms Philisiwe Mthethwa
- Ms Aeysha Seedat
Chief Executive Officer
- Ms Azola Mayekiso
Chief Financial Officer
- Mr Bruce Gordon
Senior Management
- Mr Jabulani Fakazi (Executive: Grant Facilitation)
- Ms Mandu Mamatela (Executive: Corporate Strategy)
- Mr Mandla Mbasane (Acting: Executive ICT)
- Ms Nthabiseng Mongali (Company Secretary)
- Ms Viola Moraswi (Acting: Executive Finance)
- Dr Nomsa Ntshingila (Executive: Human Resources)
- Mr Mogotsi Oepeng (Executive: Credit)
- Ms Tsholofelo Ramotsehoa (Executive: Lending)
Communications Officers
- Ms Vuyokazi Menye (Chief Information Officer)
- Ms Mpho Ramosili (Manager: Stakeholder Relations Management)
Contact Details
The contact details of the National Housing Finance Corporation SOC Ltd (NHFC) are listed in the table below.
| Physical Address: | 90 Grayston Drive, Sandown, Sandton, Johannesburg, 2031 |
| Postal Address: | P.O. Box 31376, Braamfontein, 2017 |
| Telephone: | 011 644 9800 |
| Email: | webinfo@nhfc.co.za |
| Website: | www.nhfc.co.za |
