Buy your first home...

A FLISP Subsidy can make it possible!
The FLISP Housing Subsidy Programme is aimed to make home ownership a reality for first time home buyers

What is FLISP ?

FLISP stands for Finance Linked Individual Subsidy Programme. The FLISP Housing Subsidy programme was developed by the Department of Human Settlement to enable first time home ownership opportunities to South African citizens who earn between

R 13 500 and R 22 000  per month.

What is the objective of FLISP?

The objective of the programme is to reduce the initial mortgage loan amount to render the monthly loan repayment installments affordable over the loan payment term.


Who is FLISP targeted at?

  • Households whose income range is a minimum joint monthly income of between R 13 500 and R 22 000, and are South African citizens.

  • The FLISP Subsidy is at the moment only available in Lufhereng, Soweto.


FLISP assists qualifying beneficiaries who wish to obtain mortgage finance from a lender to:

  • Acquire ownership of an existing residential property.

  • Obtain vacant serviced residential stands which are linked to house-building contracts with home builders registered with the National Home Builders Registration Council (NHBRC) or

  • Build a new house with the assistance of a home builder registered with the National Home Builders Registration Council (NHBRC), on a serviced residential stand, that is already owned by the beneficiary.


  •  Choose the stand and home that suits you best 

  • FLISP 41m² homes selling from R 530,000 (all costs included)

  • FLISP 45m²homes selling from R 557,000 (all costs included)

  • FLISP 54m² homes selling from R 650,000 (all costs included)

  • FLISP 55m² homes selling from R 645,000 (all costs included)

  • FLISP 60m² homes selling from R 673,000 (all costs included)

  • FLISP 65m² homes selling from R 713,000 (all costs included)

  • FLISP 70m² homes selling from R 747,125 (all costs included)


If you want to apply for a FLISP Subsidy in Lufhereng, Soweto, please contact 087 7000 345 and speak to one of our consultants. Or complete our contact form and a consultant will call you back.


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