First home finance, a program by the Department of Human Settlements has benefited
yet another beneficiary who was earning more to qualify for an RDP house, to buy a
house in Mahikeng. Masego Motlhatlego a 42 years old from Mahikeng has moved
into her new home after being assisted by the Department through the First Home
Finance program, which was formerly known as Finance Linked Individual Subsidy
Programme (FLISP).
Motlhatlego is a mother of three and has been working for government for almost ten
years now. Before occupying the house Motlhatlego was staying at her parents’ house
with her children. She learnt about the subsidy through a workshop she attended and
went to the department for further information. She was then advised to apply. “I
followed all the processes of buying a house and I am proud to say the department
has really helped me a lot looking at the economy now, I am financially relieved,” said
Motlhatlego.
The overwhelmed Motlhatlego said that she moved into her home recently with
disbelieve. “I am happy, I am on cloud nine, for what the department has done for
me and please continue helping others like you did for me,” she added.
The programme has been tailor-made for those who earn average to qualify for a free
government home or low cost house, but too less to qualify for mortgage in any
financial institution. The North West Department of Human Settlements urges
communities to apply for First Home Finance so that they become home owners for
the first time. The Department has subsidized 48 beneficiaries in the last financial year
and for this year the department has planned to subsidize 90 more.
To qualify, a beneficiary has be South Africans citizen whose household income is from
R3 501 up to R22 000 per month. The subsidy is paid into one’s bank or financial
institution and will reduce the monthly loan instalments, making it more affordable to
buy a home. The Department, as it is mandated to ensure that people have roof over
their heads, urges communities to make use of this platform especially who earn
average salaries to benefit from the subsidy.
-ENDContact person: Director: Corporate Communications & ICT, Dineo Lolokwane
Tel no: (018) 388 2081
Cell no: 083 376 9400
Email: dlolokwane@nwpg.gov.za or
MEC’s Spokesperson: Mr Tumelo Maruping
072 901 7653
(018) 388 2884
