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The OPIC Blog

Featured photo: Affordable housing in South Africa

Newly constructed homes built with investments from the OPIC-supported South African Workforce Housing Fund

Newly constructed homes built with investments from the OPIC-supported South African Workforce Housing Fund, are providing housing to nearly 8,000 low-income and working class families in Johannesburg. By investing in low-income housing the fund has also helped establish the affordable home sector as a viable asset class in the market, attracting further development capital to address South Africa’s housing shortage. The fund expects to eventually deliver more than 27,000 affordable housing units across multiple South African markets and neighborhoods.

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