Retail Business Plan Terms of Reference - National Housing ...

1. BACKGROUND1.1 INTRODUCTIONThe NHFC was established in 1996, by the National Department ofHuman Settlements as a Development Finance Institution (DFI),with the principal mandate of broadening access to affordablehousing finance for the low and moderate income South Africanhouseholds.The NHFC’s strategic objectives are as follows:Expand housing finance activities, through the effectiveprovision of housing finance solutions, thus enabling low tomiddle income households to have choice of renting or owningor incrementally building, to meet their housing needs.Facilitate the increased and sustained lending by financialinstitutions to the lower end of the housing market.Mobilise finance into the human settlement space, on asustainable basis, in partnership with the broadest range ofinstitutions.Conduct the business activities of the NHFC in a manner thatensures the continued economic sustainability of theCorporation whilst promoting lasting social development.Stimulate the low to middle income housing sector, by providingrobust, relevant and timely research and market analysis topractitioners and housing consumers.1.2 PURPOSE OF RFPThe Corporation wishes to implement a Treasury System and isseeking to appoint a service provider based on the terms andconditions elsewhere provided in this documentation.1.3 CURRENT SCENARIOThe NHFC Treasury department is mainly responsible for themanagement of financial risks emanating from the businessoperations and treasury activities whilst ensuring regulatorycompliance and remaining within the approved Treasury policy