KHAYA LAM (MY HOME)
Let’s aim for that!
LAND REFORM PROJECT
FMF is pleased to announce that:
- Within the last couple of weeks FOUR previous Khaya Lam funders have chosen to sponsor Khaya Lam again this year; their combined donations will convert another 152 council-owned rental residences into private property.
- Last week FMF received 260 title deeds from the Bloemfontein Deeds Office, 201 of them being backlog deeds for which applications were submitted by our late-project manager Perry Feldman a year or more ago.
- FMF’s 2023 budgeted target for Khaya Lam transfers is 250 per month. In March we did 267; in April we have already done 279.
Khaya Lam has to date transferred 7,389 properties, changing lives and at a conservative estimate of R100,000 per home adding R738,900,000 into the economy.
- If we achieve our goal of 250 transfers per month, come the end of the 2023 financial year we will have done over 10,000 transfers, injecting over a billion rand into the economy.