What is FLISP? Your Guide to the Finance Linked Individual Subsidy Program
If you’re a first-time home buyer in South Africa, you may have heard about FLISP—the Finance Linked Individual Subsidy Programme. But what exactly is FLISP, and how can it help you achieve your dream of homeownership? In this blog, we’ll break down everything you need to know about FLISP and how Batho Pele Home Loan can assist you in accessing this valuable subsidy.
What is FLISP?
FLISP is a government-backed subsidy programme designed to assist low- to middle-income first-time home buyers in South Africa. The program provides a once-off cash subsidy to help reduce the cost of purchasing a home, making homeownership more accessible and affordable.
FLISP is administered by the Department of Human Settlements and is available to qualifying individuals who meet specific income and eligibility criteria.