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USAID, South Africa, December 1997–
December 2000
In December 1997, TCGI and New Community Corporation of Newark,
New Jersey, the largest nonprofit development corporation
in the U.S., coordinated a USAID-funded study tour for Goldfields
Metropolitan Community Development Corporation (GMCDC) to
visit the United States and learn first-hand about sustainable,
community-based housing, economic development and social services.
As a result of the study tour and with technical assistance
from TCG International, the Goldfields board developed the
strategic and action plans needed to begin the first phase
of 2,000 houses.
GMCDC held meetings with 2,500 potential beneficiaries
and raised about 100,000 Rand in good faith deposits. Goldfields
executed an agreement with the City of Welkom to transfer
100 acres of land to a development corporation jointly managed
by Goldfields and the municipality. Goldfields applied to
the National Housing Finance Corporation for start-up funding
and received approval for a 75,000 Rand grant from a major
South African Bank.
Goldfields is a new South African community
development corporation (CDC) established to increase the
supply of housing in affordable and self-reliant communities
in partnership with municipalities in the Provinces of Orange
Free State and North-West. GMCDC has set out to foster and
serve as a model for the nonprofit development approach to
housing development.
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