News

EPPF’s Affordable Housing Investment to Positively Impact SA’s Development

01 September, 2017

The EPPF is pleased to announce that on 8 April 2014 it signed an agreement to commit R100m to International Housing Solutions (IHS) as part of the financing for a project to build 20 000 affordable homes across South Africa.

 

The EPPF is proud to partner in this endeavor with IHS, which is a global private equity firm at the forefront of affordable housing development in South Africa. IHS partners with financial institutions, real estate developers and local government authorities to provide equity finance for housing projects and has a proven track record of enabling the building of quality communities while maintaining the highest levels of oversight and financial due diligence.

The partnership with IHS will provide affordable housing for households with an income between R3 500 and R18 000 per month. This segment of the housing market is also known as the “gap market” because it consists of people who earn too much to qualify for low cost government subsidized housing, but do not earn enough to afford housing in the private sector market or do not qualify for bonds.

The agreement forms part of the EPPF’s Development Impact (DI) portfolio and is the largest investment made under the portfolio by the EPPF to date. The DI portfolio focuses on investments in the following sectors:
The venue of the signing, Liliesleaf Farm, was most appropriate as a key historical monument of our democracy. As an issue at the forefront of South Africa’s national agenda, the provision of housing and access to affordable homes is an integral part of the realisation of the principles upon which our constitution and democracy are built.

  • Affordable Housing
  • Renewable Energy
  • Social Infrastructure (Education and Healthcare); and
  • Initiatives that support black SMEs.

Investments into Affordable Housing have shown the ability to improve both social circumstances of thousands of people, while providing superior returns to investors for that sector. By making this investment through IHS, the EPPF will be making a positive socio-economic impact on thousands of South African lives by helping to create property investments for families, creating new communities, creating jobs, while also creating returns for its members, pensioners and beneficiaries.

As the second largest pension fund in South Africa in terms of assets under management, the EPPF is one of the leading institutional funds in the country, both in its approach to providing competitive benefits to its beneficiaries and in contributing to the country’s social and economic development through its investment strategy. The implementation of the EPPF’s Development Impact Policy demonstrates the EPPF’s commitment as a signatory to the United Nations Principles of Socially Responsible Investing and the Code for Responsible Investing in South Africa.

Development Impact projects in which the EPPF has invested include a co-investment in Van Schaik Bookstores in order to facilitate education. The portfolio has also invested in Futuregrowth’s Community Property Fund, which invests in malls around townships, with a view to support black SMEs and stimulate economic growth in previously disadvantaged areas.

 

For more information on the IHS, go to www.ihsinvestments.co.za.

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NEWS
​EPPF Launches it's Revised B-BBEE Policy
EPPF's Affordable Housing Investment to Positively Impact SA's Development
Update: Unauthorised Debit Orders
Update: Former Eskom GCEO pension pay-out
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High court ruling on former Eskom GCEO pension pay-out case
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RESPONSIBLE INVESTING BY PENSION FUNDS: THE ABC OF ESG
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RESPONSE TO MEDIA ARTICLE ON EPPF’S INVESTMENT IN MPANDE PROPERTY FUND
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UPDATE: EPPF OPERATIONS DURING THE 21 DAY NATIONAL LOCKDOWN AS A RESULT OF COVID-19
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IMPACT OF CORONAVIRUS (COVID-19) AND THE RATINGS DOWNGRADE ON THE EPPF INVESTMENT PORTFOLIO
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Message from the Chief Executive and Principal Officer
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Member Update June 2022
Pensioner Talk - September 2016
EPPF Member Guide
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Pensioner Talk - July 2015
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Pensioner Talk - October 2013
Pensioner Talk - May 2013
Pensioner Talk - December 2012
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Power Talk - December 2010
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Power Talk - January 2009
Pensioner Talk March 2017
Pensioner Talk November 2017
Power Talk October 2017
Power Talk March 2018
Pensioner Talk 1st Issue 2018
Power Talk 2nd Issue 2018
Pensioner Talk - 2nd Issue 2018
Power Talk 3rd Issue 2019
August Pensioner Talk 2019
September Power Talk 2019
December Pensioner Talk 2019 (Festive Edition)
December Power Talk 2019
Power Talk May 2020
Pensioner Talk May 2020
Pensioner Talk July/August 2020
Power Talk July/August 2020
Pensioner Talk - November/December 2020
Power Talk - November/December 2020
Pensioner Talk June 2021
Power Talk - June/July 2021
Pensioner Talk November 2021
Power Talk October - November 2021
Pensioner Talk Newsletter April 2022
Power Talk Newsletter April 2022
What is the difference between a defined benefit and a defined contribution fund?
Can I borrow money against my pension benefit for a loan or my bond?
What happens if my queries are not getting resolved?
How is the Board of Trustees appointed?
How is a section 37C death benefit distribution determined?
In-service members FAQs
Deferred pensioners FAQs
Pensioners and beneficiaries FAQs
Retirement reform FAQs
uygyugugu kjhiu iji
Can I choose an investment portfolio that my funds can be invested in?
Does the EPPF have both Pension and Provident Fund?
Can you pay my withdrawal benefit to the Eskom Finance Company?
Governance
​EPPF Launches it's Revised B-BBEE Policy
EPPF's Affordable Housing Investment to Positively Impact SA's Development
Update: Unauthorised Debit Orders
Update: Former Eskom GCEO pension pay-out
Bonus and Pension Increase Announcement
Advice: Take a stand against fraud and protect yourself
Impact of Steinhoff International on the EPPF
High court ruling on former Eskom GCEO pension pay-out case
Eskom Pension and Provident Fund (EPPF) appoints first-ever female Chief Executive and Principal Officer
The EPPF Transformation Breakfast
Bonus and Pension Increase Announcement 2018
Board announcement to stakeholders
THE POSITION OF THE FUND ON PRESCRIBED ASSETS
Supreme Court of Appeal ruling on former Eskom GCEO pension pay-out case
Trustee Elections 2019/20
EPPF calls for asset owners to promote transformation at the third EPPF Transformation Breakfast
Repayment of Benefits by Former Eskom GCEO
Appointment of Ms Linda Mateza as EPPF Chief Executive and Principal Officer
RESPONSIBLE INVESTING BY PENSION FUNDS: THE ABC OF ESG
EPPF hosts PEWIN breakfast roundtable
Introduction to Default Regulations
Employee Profile: meet Tetelo Mabona
Introduction to default regulations
2019 PENSIONER INCREASE AND BONUS
Former Eskom GCEO pension pay-out update
Trustee Elections : Voting phase
EPPF Member/Pensioner Update - Message from the Chairman
Media report on EPPF administration
EPPF Member Update - Message from the Chairman
RESPONSE TO MEDIA ARTICLE ON EPPF’S INVESTMENT IN MPANDE PROPERTY FUND
EPPF COVID-19 (CORONAVIRUS) MEMBER UPDATE
EPPF COVID19 (CORONAVIRUS) MEMBER UPDATE
UPDATE: EPPF OPERATIONS DURING THE 21 DAY NATIONAL LOCKDOWN AS A RESULT OF COVID-19
Provisional Trustee Election Results
IMPACT OF CORONAVIRUS (COVID-19) AND THE RATINGS DOWNGRADE ON THE EPPF INVESTMENT PORTFOLIO
Trustee Elections 2019/20 results announcement
EPPF and Global ASP matter
EPPF changes to new pension administration system
Announcement - Eskom Employee Benefits department
Announcement: COVID-19 relief special bonus for EPPF pensioners
NEW EPPF BOARD APPOINTMENTS
UPDATE – BUSINESS MAVERICK REPORTING ON EPPF SANCTIONED BY PRESS COUNCIL
Member Update: EPPF's digital transformation journey
MEMBER UPDATE: NOVEMBER 2020
2021 Pensioner increase and bonus
2020 Integrated Report
EPPF Chief Executive and Principal Officer to step down
Member Update: Business Maverick reporting
EPPF appoints new Chief Executive and Principal Officer
Member Regulatory Update
MEMBER UPDATE – APRIL 2021
EPPF INVESTMENT PERFORMANCE UPDATE (Q1, 2021)
EPPF Message from the Chief Executive and Principal Officer
1,2 Testing
Scam alert warning
2021 Tax Certificate re-issue
EPPF Operations - impact of protests
Update: Impact of recent social unrest
Withdrawal of retirement savings by active members
Amended Fund Rules
THE ENHANCED EPPF MOBILE APP FINALLY HERE!
Congratulations to all our winners
The Minimum Individual Reserve (MIR) explained
The EPPF partners with Equites Property Fund in logistics deal
EPPF’s Digital Transformation Journey
2022 Pensioner increase and bonus
Message from the Chief Executive
Member Update - October 2021
2021 Integrated Report
Member regulatory update: Release of the Two Retirement Reform Discussion
Eskom splits off transmission division
Member Update - January 2022
Letter to Pensioners
EPPF appoints new Chief Financial Officer
Member Regulatory Update: Regulation 28 Amendments
Pensioner Tax Update
Message from the Chief Executive and Principal Officer
Member Update March 2022
How EPPF members are helping job sustainability
Member Update June 2022
Pensioner Talk - September 2016
EPPF Member Guide
Pensioner Talk - April 2016
Pensioner Talk - July 2015
Pensioner Talk - October 2014
Pensioner Talk - October 2013
Pensioner Talk - May 2013
Pensioner Talk - December 2012
Pensioner Talk - July 2012
Pensioner Talk - March 2012
Pensioner Talk - October 2011
Pensioner Talk - April 2011
Pensioner Talk - December 2010
Pensioner Talk - July 2009
Pensioner Talk - April 2009
Power Talk - September 2016
Power Talk - April 2016
Power Talk - July 2015
Power Talk - October 2014
Power Talk - June 2013
Power Talk - August 2012
Power Talk - March 2012
Power Talk - October 2011
Power Talk - April 2011
Power Talk - December 2010
Power Talk - May 2010
Power Talk - March 2009
Power Talk - January 2009
Pensioner Talk March 2017
Pensioner Talk November 2017
Power Talk October 2017
Power Talk March 2018
Pensioner Talk 1st Issue 2018
Power Talk 2nd Issue 2018
Pensioner Talk - 2nd Issue 2018
Power Talk 3rd Issue 2019
August Pensioner Talk 2019
September Power Talk 2019
December Pensioner Talk 2019 (Festive Edition)
December Power Talk 2019
Power Talk May 2020
Pensioner Talk May 2020
Pensioner Talk July/August 2020
Power Talk July/August 2020
Pensioner Talk - November/December 2020
Power Talk - November/December 2020
Pensioner Talk June 2021
Power Talk - June/July 2021
Pensioner Talk November 2021
Power Talk October - November 2021
Pensioner Talk Newsletter April 2022
Power Talk Newsletter April 2022
What is the difference between a defined benefit and a defined contribution fund?
Can I borrow money against my pension benefit for a loan or my bond?
What happens if my queries are not getting resolved?
How is the Board of Trustees appointed?
How is a section 37C death benefit distribution determined?
In-service members FAQs
Deferred pensioners FAQs
Pensioners and beneficiaries FAQs
Retirement reform FAQs
uygyugugu kjhiu iji
Can I choose an investment portfolio that my funds can be invested in?
Does the EPPF have both Pension and Provident Fund?
Can you pay my withdrawal benefit to the Eskom Finance Company?