1. (a) The 104 military veterans who received assistance with the settlement of their mortgage loans, did so by completing the prescribed application form and complying with the qualifying criteria as prescribed in the Military Veterans Benefits Regulations of 2014. The criteria is as follows:
(b) Military Veterans who are provided with assistance in the settlement of their balance outstanding on their mortgage loan with the financial institution, are subject to the following terms and conditions:
(i) Forfeit their housing benefits which they otherwise would have qualified for.
(ii) The assistance is provided as once off service where the outstanding amount is less than R188 000.00 on bond.
(c) R12, 163,465.20
(d) The Military Veterans who were provided with assistance towards the settlements of their mortgage loans, were from the following military formations.
Military Formation |
Total number of beneficiaries |
APLA |
19 |
AZANLA |
3 |
BDF |
4 |
CDF |
1 |
MK |
38 |
SADF |
27 |
SANDF |
11 |
TDF |
1 |
2. (a) (b) and (c) The department has initiated an open and transparent consultation process with key stakeholders to gain as much feedback as possible to ensure that the policy on housing adequately addresses the policy objectives of the Act as well as the aspirations of the beneficiaries.
The outcomes of these consultations with guide the way forward.
As regard to the Regulations, these were approved in 2014 and are being implemented in the provisioning of benefits and services to Military Veterans.