Thursday, August 16, 2007

Business Report - FNB to fund R427m housing project

Business Report - FNB to fund R427m housing project

Pretoria - First National Bank (FNB) has boosted its expenditure on low-cost housing to R3 billion with the launch of a R427 million mixed housing development at Evaton West, south of Johannesburg.The project will deliver 1 776 mixed housing units and increase the number of affordable homes financed by FNB to 10 337 units since last year