Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 1 – 18 Aug 05
description
Transcript of Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 1 – 18 Aug 05
![Page 1: Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 1 – 18 Aug 05](https://reader036.fdocuments.net/reader036/viewer/2022070503/5681562a550346895dc3db80/html5/thumbnails/1.jpg)
Welcome to the
UDZ TAX INCENTIVE CONFERENCE
Day 1 – 18 Aug 05
![Page 2: Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 1 – 18 Aug 05](https://reader036.fdocuments.net/reader036/viewer/2022070503/5681562a550346895dc3db80/html5/thumbnails/2.jpg)
UDZ Conference
and
Exposition 18 August 2005
![Page 3: Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 1 – 18 Aug 05](https://reader036.fdocuments.net/reader036/viewer/2022070503/5681562a550346895dc3db80/html5/thumbnails/3.jpg)
Mission
The JHC is committed to regenerate the Johannesburg Inner City through the provision of quality, value for money accommodation and
service for all who choose to live there, in a manner that is both sustainable and promotes
growth
![Page 4: Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 1 – 18 Aug 05](https://reader036.fdocuments.net/reader036/viewer/2022070503/5681562a550346895dc3db80/html5/thumbnails/4.jpg)
Facts & Figures: JHC
• Total number of buildings: 20• Total number of units under management: 2406• Total number of units under construction: 400• By February 2006 JHC will home approximately
8000 tenants in 3000 units within the Johannesburg inner city. JHC will have added 8% to the housing stock over a 10 year period.
![Page 5: Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 1 – 18 Aug 05](https://reader036.fdocuments.net/reader036/viewer/2022070503/5681562a550346895dc3db80/html5/thumbnails/5.jpg)
Arrears Consolidated Percentage Arrears
-
1.00
2.00
3.00
4.00
5.00
6.00
Jul
Aug
Sep
Oct
Nov
Dec Ja
n
Feb
Mar
Apr
May Jun
Jul
Month
![Page 6: Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 1 – 18 Aug 05](https://reader036.fdocuments.net/reader036/viewer/2022070503/5681562a550346895dc3db80/html5/thumbnails/6.jpg)
Vacancies
Vacancies July 04 to June 05
1.3
0.96
1.25
1.59 1.53
0.85 0.91
0
0.40
0
0.23
0.91
00.20.40.60.8
11.21.41.61.8
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
![Page 7: Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 1 – 18 Aug 05](https://reader036.fdocuments.net/reader036/viewer/2022070503/5681562a550346895dc3db80/html5/thumbnails/7.jpg)
Johannesburg Housing Company Project Map
![Page 8: Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 1 – 18 Aug 05](https://reader036.fdocuments.net/reader036/viewer/2022070503/5681562a550346895dc3db80/html5/thumbnails/8.jpg)
Tax Scenario• Social Housing Institutions
- pioneering work in urban development • JHC
- largest residential investor in inner-city- total investment of R270 million- no TAX relief - PBO Status
![Page 9: Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 1 – 18 Aug 05](https://reader036.fdocuments.net/reader036/viewer/2022070503/5681562a550346895dc3db80/html5/thumbnails/9.jpg)
Facts & Figures: Brickfields
• Cost: R120 million• The first phase of Brickfields adds a further 650 units and 1500
people• The completed Brickfields will add a total of 750 units and 2500
people to the JHC portfolio• 90 % full within one month of letting• Mixed income• Mixed use• Location, location, location• Community Services: crèches, computer centres, after-school
centres
![Page 10: Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 1 – 18 Aug 05](https://reader036.fdocuments.net/reader036/viewer/2022070503/5681562a550346895dc3db80/html5/thumbnails/10.jpg)
UDZ Implications: Brickfields
• Total project of R120m: R24 m in yr 1 R6 m p.a. 16 yrs
• Second phase of R30m: R6 m in yr 1 R1.5 m p.a. 16
yrs