GMSA Foundation Receive Impumelelo Platinum Award

GMSA Foundation Receive Impumelelo Platinum Award

11.12.2013: photo caption: From left to right Lance Del Monte, Executive Director of The

photo caption: From left to right Lance Del Monte, Executive Director of The Home Market and Roger Matlock, General Manager, GMSA Foundation displaying their Platinum Impumelelo Award they received for the Walmer Link Project.



A unique housing project in Walmer, Port Elizabeth, that bridges the affordability gap in home ownership for low- and middle-income earners, has been recognised with an Impumelelo Platinum Award for its initiator and seed funder, the GM South Africa (GMSA) Foundation.


The Walmer Link housing project has made home ownership possible for people who qualify for government assistance to obtain a bond to buy a house, but find a gap between what they can afford and what is available in the property market. The development also incorporates a rental component for lower-income earners, enabling them to gain a foot on the property ladder.


The project won one of four Platinum awards from the Impumelelo Social Innovation Centre, presented in Cape Town on 1 December 2013. The awards recognise best practice in delivering innovative solutions to South Africa’s social problems.


Presenting the award, Impumelelo Executive Director Rhoda Kadalie described GMSA Foundation General Manager Roger Matlock and Lance Del Monte, Executive Director of The Home Market, the implementation agency for the project, as two people who had done more for housing in South Africa than anyone else.


Walmer Link is the latest of the GMSA Foundation’s successful housing projects which aim to address the housing crisis in South Africa by making optimal use of government housing subsidy schemes to develop affordable housing and sustainable, functioning communities.


In line with the GMSA Foundation’s approach to its projects in both housing and education, the Walmer Link project has been designed specifically to enable it to be replicated by other agencies elsewhere in the country.


Walmer Link, for which the Foundation provided seed funding and bridging finance, borders both the suburban and township areas of the suburb of Walmer. It consists of 432 for-sale and 347 for-rent units and is the first project in South Africa to access government’s Finance Linked Individual Subsidy Programme (FLISP). Home buyers with monthly incomes of R3 500 to R15 000, access FLISP funding for the deposit needed to secure a home loan from a bank.


The for-rent component uses government’s Social Housing Programme (SHP) grants and subsidies to offer apartments at subsidised, income-linked rentals for those earning between R1 500 and R7 500 per month.




photo caption: From left to right Lance Del Monte, Executive Director of The Home Market and Roger Matlock, General Manager, GMSA Foundation with Rhoda Kadalie, Impumelelo Social Innovation Centre Executive Director who presented them with the Impumelelo Platinum Award.



“There has been little uptake of the FLISP subsidy by developers, because on its own it doesn’t bring selling prices to truly affordable levels.


With this model, we have shown that by designing for affordability and taking advantage of cheap and well-located land as well as higher residential densities, it is possible to bring quality, affordable home ownership into reach for people who were previously under-served in the property market,” GMSA Foundation General Manager Roger Matlock said.


The project’s success, he said, lay in the affordability of the housing offered at Walmer Link as well as the mix of income, race and tenure types (rental and ownership) amongst the residents, which contributed to building a well-integrated community.


Centrally located on public transport routes and close to shops, schools and employment opportunities, the project had also contributed to urban restructuring and the spatial, economic and social integration of the city, he said.


“The project created jobs in the construction phase, and there are employment opportunities in the ongoing management and maintenance of the for-rent component. The project has also contributed to wealth creation – new home-owners now have an asset with value that can be used as security and to leverage other resources. Used wisely, this will be a springboard out of poverty for many people,” Matlock said.


GMSA Foundation’s Walmer Link housing project that won the GMSA Foundation the Impumelelo Platinum Award


Using private sector funding to initiate the project had delivered significant gearing success and unlocked public funding, Matlock said. Seed funding of R1-million from the Foundation for the for-sale component of Walmer Link had delivered a project valued at R129-million, while R2-million from the Swedish Development Cooperation Agency (SIDA) for conceptualising the for-rent component had resulted in a project valued at R104-million.


The GMSA Foundation has pioneered and supported replication of a number of innovative, multi-award-winning housing models, including the Missionvale Community Housing Initiative and Sakhasonke Village.


 

Thanusha Pillay, photos General Motors SA

Permanent-URL: http://www.automobilsport.com/gmsa-foundation-impumelelo-platinium-award---117938.html

11.12.2013 / MaP

More News

Rolls-Royce Wraith honoured at BBC Top Gear Magazine Car of the Year Awards
07.12.2013
Rolls-Royce Wraith was honoured this evening at the BBC Top Gear Magazine 2013 Car of the Year Awards, winning the category ‘Rather Splendid Motor Car of the Year’.Following a comprehensive road-test by Associate Editor T more >>
Neuer SKODA Octavia RS ist das ,Auto Bild Sportscar des Jahres'
30.11.2013
- Leser und Leserinnen küren den Octavia RS zum überlegenen Sieger in der Kategorie ,Limousine Serie'- Neuer Kompaktsportler ist der schnellste Serien-Octavia aller ZeitenMehr als 77.000 Leserinnen und Leser des Mag more >>
Victory for the Mercedes Benz SLS AMG Coupé Black Series
30.11.2013
AUTO BILD Sportscars Car of the Year 2013"Readers of car magazine "AUTO BILD Sportscars" have voted the Mercedes-Benz SLS AMG Coupé Black Series into first place in the poll for "Sports car of the year 2013". The high-end more >>
VW Jetta awarded five stars by the Latin NCAP
29.11.2013
Top marks once again for the successful Volkswagen modelThe Volkswagen Jetta is one of the safest vehicles in the world – this has now been confirmed by the Latin NCAP which has awarded the Jetta the top five-star rating. This award from the Latin A more >>
Opel ADAM holt „Auto Trophy 2013“ Zweiter Sieg in Folge
28.11.2013
•    Trendiger Stadtflitzer gewinnt mit großem Abstand in der Kategorie „Citycars“•    Opel Cascada bei „Cabrios bis 30.000 Euro“ vor Premium-Wettbewerbern auf Platz 2 more >>
Le nouveau CITROËN C4 Picasso élu "Meilleur Monospace Importé" en Allemagne
28.11.2013
Le nouveau CITROËN C4 Picasso, le technospace de la Marque, est aujourd’hui plébiscité par les lecteurs du magazine allemand Auto Zeitung puisqu’il décroche l’Auto Trophy « Meilleur Monospace Importé ». more >>
Volkswagen Group receives German accolade for responsible management
25.11.2013
- Expert jury honors Volkswagen for anchoring sustainability in its core business and for responsible conduct towards stakeholders and nature    - Award presented to CFO Hans Dieter PötschThe more >>
Le CITROËN C4 PICASSO obtient le Volant d'Or 2013
15.11.2013
Le CITROËN C4 Picasso a reçu « Das Goldene Lenkrad (Volant d’Or) » dans la catégorie des Monospaces, prix décerné annuellement par les magazines allemands « Bild am Sonntag more >>
Golden Steering Wheel 2013: The new Mercedes S-Class is the best luxury saloon
13.11.2013
The readers of "BILD am SONNTAG" and "AUTO BILD" have voted together with a jury of automotive experts to award the Mercedes‑Benz S-Class with the coveted "Golden Steering Wheel" as the best new car in the premium and luxury segment. As a result of more >>
Volkswagen Golf awarded "The Golden Steering Wheel" 2013
13.11.2013
The Volkswagen campaign "Der Golf. Das Auto." also wins the Golden Steering Wheel for AdvertisingDr. Heinz-Jakob Neußer, Member of the Board of Management of Volkswagen Brand with responsibility for ‘Development', accepted th more >>
Golden Steering Wheel for Audi A3 Sedan
12.11.2013
   Winner of the “Middle Class” category    23rd “Golden Steering Wheel” for AUDI AG in 38 yearsGold for Audi: The new A3 Sedan is the winner of one of the most coveted awards in the more >>
BMW M Award 2013: Marc Marquez wins the BMW M6 Coupé.
11.11.2013
Marc Marquez was a sensation in his first season of MotoGP – and his show-stopping performances also carried over to the BMW M Award. At just 20 years old, the young Spaniard came through brilliantly against more established opposition to win t more >>
Schaeffler als Finalist für den Automotive PACE Award 2014
07.11.2013
Schaeffler Drehmomentwandler mit Fliehkraftpendel im Finale für den Automotive News PACE Award 2014 Schaeffler, ein weltweit führender Automobilzulieferer von Pr& more >>
BMW ActiveE Renewable Energy Certificates and Solar Programs win EPA Green Power Partnership Best Marketing Campaign
24.09.2013
...by a Purchaser of Green Power BMW of North America won the Best Marketing Campaign by a Green Power Purchaser award for its consumer-facing renewable energy programs under the ActiveE electric vehicle (EV) field trial. The award recognizes an outstanding promotional campaign by a purchaser of green power, and honors companies or more >>
eCar Award 2013 für den Volkswagen Golf TwinDrive
12.09.2013
Auszeichnung als bestes Konzeptfahrzeug des Jahres AUTO BILD und Auto Test haben den Golf TwinDrive von Volkswagen mit dem eCar Award 2013 in der Kategorie „Konzeptfahrzeuge&ldqu more >>
Mitsubishi Outlander Awarded Insurance Institute for Highway Safety (IIHS) TOP SAFETY PICK+
02.08.2013
...in the United StatesMitsubishi Motors first manufacturer with two Top Safety Pick+ in Small SUV categoryMitsubishi Motors Corporation (MMC) announced that its Outlander has been named a 2013 "Top Safety Pick+"*1 award winner by the United States' Insurance Institute for Highway Safety (IIHS)*2. The Outlander joins the Outlander Sport*3 in more >>
BMW Clinches Four of Cycle World’s Ten Best Motorcycles of 2013
30.07.2013
Sweeps Superbike, Touring, Sport Touring and Adventure Bike Categories BMW motorcycles have earned four of the coveted top ten spots in Cycle World magazine’s “Ten Best Bikes of 2013”.  The magazine’s September issue, featuring its 38th annual “Ten Best” list, names BMW’s HP 4 the “Best Superbike,&rdquo more >>
Porsche in first place for attractiveness and quality
25.07.2013
US customers vote sports car manufacturer favourite car brandFor the ninth time in a row American customers have awarded sports car manufacturer Porsche first place: so for drivers in the USA, Porsche continues to remain the most popular brand of car. This was the result of the latest survey "Automotive Performance, Execut more >>
UNIWHEELS: Europe's biggest alloy wheels plant wins the Honda Access Europe Award again
04.07.2013
Photo caption:UNIWHEELS Production (Poland) Sp. z o.o.: "Honda Access Europe Award 2012" for an excellent overall performance at the biggest alloy wheels plant in EuropeHighly regarded award confirms the exc more >>
BMW Group claims a total of 19 awards in the Automotive Brand Contest 2013.
20.06.2013
The German Design Council paid tribute to the BMW Group with a total of 19 awards in the Automotive Brand Contest. The BMW Group emerged as a winner 16 times in the international design competition. In the Exterior Premium Brand category the winners include more >>
VW Polo R WRC gewinnt „sport auto AWARD 2013“
14.06.2013
Volkswagen gewinnt Leserwahl in der Kategorie Kleinwagen (Serienklasse)Die Leser der Zeitschrift „sport auto“ haben entschieden und den Volkswagen Polo R WRC zum besten Sportler in der Kategori more >>
MICHELIN mit Doppelsieg bei „sport auto“-Leserwahl
14.06.2013
Leser des renommierten Fachmagazins verleihen MICHELIN bei Sommer- und Rennreifen das Top-Prädikat „Best Brand 2013“        Photo:   Michael Küster, Leiter Pkw more >>
"The sportiest cars of 2013" - three BMW models lead the field
13.06.2013
With the award of three first places in three different classes, the readers of the specialist German magazine "Sport Auto" have returned their verdict and named three current BMW models as "The sportiest cars of 2013", expressing once again their preference for pure driving pleasure. more >>
2013 Best Global Green Brand in front is Toyota
12.06.2013
Toyota continued to confirm its consistent leadership for the third year running in this year’s annual Interbrand “Best Global Green Brands” report. The key methodology of the report determines the gap between a company’s environmental performances compared to actual environmental practices. Over 10,000 consumers around the world recognised Toyota more >>
Plus X Award 2013: Opel verteidigt Titel als innovativste Marke
12.06.2013
•    Opel nach 2010 und 2012 zum dritten Mal „Most Innovative Brand“•    Modelle und Technologien überzeugen internationale Fachjury•    Insgesamt 21 Gütesiegel für Cascada, ADAM, Mokka und Zafira Tourer•    Siegel „Bestes Produkt 2013&ldqu more >>
“Engine of the Year Award” for the Porsche 2.7-litre flat-six engine
08.06.2013
Efficiency and performance for 50 years: the flat-six engines from PorscheOnce again, a flat-six engine from Porsche has been named “Engine of the Year”. This year, the international jury gav more >>
McLaren M838T engine claims victory at International Engine of the Year awards
07.06.2013
The 3.8-litre twin turbo V8 petrol engine from McLaren Automotive has claimed victory at the 2013 International Engine of the Year awards. The lightweight and highly efficient unit won the ‘3-litre to 4-litre’ category, making it the first new winner of the accolade for more >>
Audi wins “International Engine of the Year” Award 2013 for 2.5-liter TFSI
05.06.2013
    Best engine in 2-liter to 2.5-liter category for fourth year in a row    Ninth category award win in a row for Audi TFSI technologyA jury of 87 motoring journalists from around the world has voted the A more >>
“International Engine of the Year”-Trophäen für TSI-Technologie von Volkswagen
05.06.2013
- TSI-Technologie erhält renommierten Preis zum siebten Mal in Folge- Zusätzlich begehrter „Best New Engine Award“ für TSI-Motor mit aktivem Zylindermanagement (ACT) more >>
Ford 1,0-Liter-EcoBoost-Benzinmotor ist „International Engine of the Year 2013“
05.06.2013
– Preis zum zweiten Mal in Folge gewonnen    Der 1,0-Liter-EcoBoost-Benzinmotor von Ford hatte diese prestigeträchtige Auszeichnung bereits im vergangenen Jahr erhalten    Der hocheffiziente Dreizylinder mit Direkteinspritzung, Turboaufladung und variabler Nockenwellenverstellung erreicht höchste Punktzahl in de more >>
Opel ADAM gewinnt Preis für bestes Interieur-Design des Jahres
05.06.2013
1. Platz beim „Automotive Interiors EXPO 2013 AWARD“ in der Kategorie SerienfahrzeugGroße Ehre für ein kleines Auto – dem Opel ADAM ist heute auf der Fachmesse „Automotive Interiors EXPO 2013“ in Stuttga more >>
Volkswagen ehrt Sieger der Retail Qualification World Championship
02.06.2013
Finale mit den besten Experten aus rund 80 LändernUnter dem Motto „One brand, one team, one challenge“ fand in dieser Woche in Wolfsburg das Finale der diesjährigen Volkswagen Retail Qualification Wo more >>
Opel Astra Sports Tourer bester Kompakter aller Zeiten
30.05.2013
..... im 100.000-Kilometer-Dauertest der Fachzeitschrift auto motor und sport •    104.800 Testkilometer ohne das geringste technische Problem•    Bestes jemals getestete Fahrzeug in der hart um more >>
McLaren wins European Award for Innovation Leadership
22.05.2013
McLaren has received a prestigious award at the first annual European Awards for Innovation Leadership.Peter van Manen, Managing Director of McLaren Electronic Systems (MESL), was presented with the High Performance Innovation Award at a ceremony held at Trinity College, Dublin. The award was given in recognition of more >>
Mitsubishi Outlander sets new record for automobile safety
10.05.2013
Mitsubishi Motors' Outlander Recognized as Fiscal Year 2012's Top Safety Performer among New Passenger Vehicles in JapanMitsubishi Motors Corporation (MMC) announced that its all-new Outlander received the Japan New Car Assessment Program more >>
McLaren wins Queen’s Award for International Trade
23.04.2013
McLaren Electronic Systems (MESL), part of the McLaren Group, is delighted to announce that it has been awarded the prestigious Queen’s Award for Enterprise 2013 for its outstanding achievement in international trade.This is the company’s second Queen’s Award, having won an award for innovation in 2009 in recognition of its development of lea more >>
MICHELIN gewinnt „Motor Klassik-Award 2013“
11.04.2013
Oldtimerkenner wählen MICHELIN zum vierten Mal in Folge zum „Best Brand“ in der Kategorie Reifen        Mit 60,9 Prozent der abgegebenen Stimmen haben die Leser der Fachzeitschrift „Motor Klassik“ MICHELIN zum vierten Mal in Folge zur besten Reifenmarke für Young- und Oldtimerfahrer gekürt. D more >>
Fünf Auszeichnungen für Porsche im Jubiläumsjahr des 911
11.04.2013
„Motor Klassik Award 2013“ LeserwahlDer Porsche 911 begeistert Oldtimer- und Klassiker-Fans im Jahr seines 50-jährigen Bestehens ganz besonders: Die Leser und Online-User de more >>
“Motor Klassik Award 2013”: Five Awards for Mercedes-Benz
11.04.2013
    Victory in the categories “Classics up to 1930”, ”Classics 1947-1961”, and “2012 Auction Car”    Classics of the future: G-Class wins in the “Off-Roader” category and the more >>
2001-2021 copyright automobilsport.com