The City of Cape Town has issued four land-release tenders worth about R125.6 million for affordable, mixed-use housing developments on well-located sites in Brackenfell, Ottery and Lansdowne, with bids closing on March 17. THE City of Cape Town has issued four new land-release tenders with a combined estimated value of about R125.6 million (excluding VAT) for affordable, residential-led mixed-use developments on well-located parcels of land in Brackenfell, Ottery and Lansdowne. The tenders form part of the City’s affordable housing programme and are aimed at attracting private-sector partners to develop investment-ready sites close to amenities and public transport. The programme is driven by public-private partnerships, with City-owned land packaged and de-risked to encourage market participation while expanding access to affordable housing. Land-price discounts applied to the affordable housing portfolio are intended to reduce barriers to entry and support an investor-friendly business environment.