How much is the government housing subsidy in South Africa?
To qualify for FLISP, you must have an income of R3501—R22 000 per month. Then, the lower your income within that bracket, the higher your subsidy.
For low and middle-income earners, FLISP provides a government subsidy for your home loan. The size of the subsidy depends on your income.
Your income must be in the R3 501 to R22 000 per month bracket to qualify for FLISP.
Then, the lower your income within that bracket, the higher your subsidy.
The subsidy ranges from R30 001 to R130 000.
For a more detailed look at subsidies, you may peruse the table below: