TUHF is a development finance organisation that provides short and medium-term loans for residential property purchase as well as for property improvement, in South Africa’s inner city areas.
Loans are offered to housing entrepreneurs and enterprises wishing to build a business based on the provision of rental housing. TUHF will consider loans for any building that shows profitable returns, good building management (in the form of maintenance and rental collection) and pride in ownership.
TUHF requires that its housing entrepreneur clients be involved in, or wish to develop, rental housing in South Africa’s inner city areas. They could be:
Landlords or owners of small to medium-sized residential properties (up to 150 units)
Resident Landlords i.e. people who live in a building and wish to buy more units, or the entire building, for rental to others.
TUHF’s housing collective (clients are likely to be tenants who are able to buy-out the buildings they live in, based on collective ownership)
Social Housing Institutions who purchase and rent housing on a participative management basis.
TUHF has a variety of different products available within the bounds of construction (described as conversion from office blocks to residential blocks), purchase, refurbishment (described as bringing the building back to “scratch”) and re-finance.
TUHF's dedication to helping entrepreneurs with the regeneration of South Africa’s inner cities ensures that its product range is constantly being improved and expanded to provide all-encompassing financial solutions for both its existing and future clients.
