Johannesburg Social Housing Company (JOSHCO) Revenue and Competitors

JOSHCO was established in March 2004 by the City of Johannesburg (CoJ) with a mandate to provide and manage social and affordable rental housing that services various household income levels (R1 850 to R22 000 per month), especially those at lower income levels, as part of the City’s implementation strategy to eradicate its housing backlog.\n\nJOSHCO currently manages 8,825 social and affordable rental units. The core business of JOSHCO includes the development of social and rental housing; the conversion and refurbishment, upgrading and management of some of the City-owned rental housing stock; the refurbishment, upgrading of some city-owned rental stock, upgrading of hostels and the provision of turnaround strategies where necessary.\n\nJOSHCO’s existence is as an integral part of efforts to eradicate the housing backlog within the City of Johannesburg. JOSHCO is a council-owned body ran by an independent board and is both a developer and a rental agent. JOSHCO is a registered Social Housing Institution and is accredited by the Social Housing Regulatory Authority (SHRA).