Integrated Residential Developments

A critical aspect of achieving meaningful transformation in South Africa lies within the housing sector, particularly in the lower-income households earning between R0 and R15 000 per month. The housing challenge is broader than a shortage of funds, and includes a shortage of housing units, inadequate basic infrastructure as well as affordability constraints. To produce sufficient, high quality homes and living environments that are affordable to the target market requires effective partnering between all participants in the housing value chain, particularly between the private and public sectors.

Standard Bank, in its commitment to advance the principles and practices of sustainable growth, development and social transformation, has created a dedicated multi-disciplinary unit, named Integrated Residential Developments (IRDev), to partner with the public and private sectors in addressing the housing need in South Africa.

Why talk to us?

• We provide holistic solutions and services across the full housing supply chain and our specialists have an understanding of development, financing, managing risk and assessing the bankability of a sustainable human settlement.
• We have an integrated approach, bringing together expertise from across the bank including Project Finance, Property Finance, Community Banking, Home Loans, Marketing and the Public Sector.
• Our specialists have a diverse range of skills including town planning, engineering, legal, quantity surveying, building and construction, as well as financial structuring.
• We determine the value of a project across the entire spectrum of the development, providing a more accurate measure of an integrated project’s total impact and success, rather than considering the economic merit of each aspect in isolation.
• Our involvement in each step of the housing supply chain ensures that appropriate and sustainable housing opportunities are created with consequent review of credit and equity appetite.
• We strive to optimise BEE participation within our sphere of influence, across the full value chain of our product and service requirements.
• We partner with the public sector, including provincial and municipal government, and supplement their capacity in identifying options for subsidised and affordable housing developments, as well as assembling integrated development proposals on their behalf, thereby assisting government to achieve their social mandate of access to affordable housing for all.
• Our involvement throughout the entire housing value chain enables us to arrange and structure funding where appropriate, including funding for bulk and link infrastructure for basic services.
• We are able to make meaningful interventions that assist developers with mitigating risk and, where feasible, reducing their cost of borrowing. Standard Bank’s extensive national footprint offers clients a convenient interface and ongoing support.

Products and services

We offer holistic financing, risk management and implementation support solutions in the following markets:

• subsidised housing (RDP/BNG)
• affordable housing
• medium income housing
• social, community and commercial facilities
• services infrastructure, from internal reticulation to bulk services

Contact us

+27 11 770 8000
IRDev@standardbank.co.za