The Trust for Urban Housing Finance (Pty) Ltd (TUHF), announced today that it has won an international award as the Mortgage Banker of the Year at the recent African Banker Awards while celebrating 10 years of a Good Business, doing good.
The ceremony took place during the African Development Bank Annual Meetings at the Taj Palace Marrakech, Morocco. The international awards are a landmark event that celebrates excellence and best practices in African banking and finance.
Paul Jackson CEO of TUHF says “It is a great honour to have received recognition on an international level for our Mortgage product that we offer in South African cities. At TUHF we understand how important it is to bring access to finance in our specialised and niche market.”
TUHF is a financial services company involved in urban regeneration by specializing in rental housing and inner city lending. To date, TUHF has financed over 17 000 units in the inner cities in South Africa for the benefit of commercial property finance customers.
Jackson adds “We believe that South Africa is the gateway to Africa and that urban regeneration is important not just for our cities, but for the continent as a whole. At the same time we are very proud that we are able to provide thousands of people with safe and affordable housing. Our projects also create jobs and bring commerce and entrepreneurship back to the cities.”
TUHF finances property transactions in red-lined inner cities. Their head office in Braamfontein handles their Gauteng operations, with regional