PRIVATE RENTAL HOUSING FINANCE
Private rental is a project/development finance programme which enables properties owned by landlords to be developed or refurbished for purposes of leasing to tenants. The NHFC provides medium to long term debt funding to such property practitioners (Developers or Landlords) to refurbish existing buildings or for greenfield housing developments.
- The borrowing entity must be a registered legal entity
- Equity contribution is required and is determined on a case-by-case basis to enable acceptable gearing levels
- The proposed development must address core NHFC mandate and
- The project feasability must be financially viable per NHFC criteria.
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