The City of Cape Town’s Transport and Urban Development Authority is set to spend the bulk of its capital budget for the next three years on new housing opportunities, new roads and infrastructure for the MyCiTi bus service.
Given the dire need for housing the Transport and Urban Development Authority (TDA) says it will spend R2.1 billion on the development of new housing opportunities over the next three financial years, with R590 million being budgeted for 2018/19 alone. The 2018/19 budget is allocated to 36 housing developments which are either in the planning phase, already under way, or in the process of being finalised. According to the TDA the bulk of the housing opportunities will be developed on well-located land close to public transport, jobs, government services, and public amenities.Improving mobility
The TDA has also prioritised transport and transport infrastructure. “We want to improve mobility in Cape Town, be it by cycling, car, minibus-taxi, bus or train.Over 500 000 Capetonians cannot afford motorised transport, and either walk or cycle to their destinations. Thus, we will keep on expanding the network of safe sidewalks and cycle lanes with the non-motorised transport funding we receive from National Government,” the TDA explains.