PHA under fire for: 'Millions in bailout'

The DA in Polokwane is deeply concerned about the manner in which the municipality's housing provision arm, the Polokwane Housing Association (PHA) is being managed, and intends to request a joint portfolio committee meeting to call the PHA Board of Trustees to account for a projected R8.5m deficit for the upcoming financial year. This deficit is despite the inclusion of a R10m subsidy in the city's budget.

- Barry Viljoen

The PHA is tasked with providing affordable housing to qualifying residents but continues to be marred by maladministration and a failure to fulfil its core mandate, according to Jacques Joubert, DA councillor on the finance and land use, spatial planning and LED portfolio committees.

To exacerbate the situation, the PHA has failed to submit its Annual Financial Statements for the 2023/24 financial year within the legally prescribed timeframe and regressed to a qualified finding.