About Us
Learn about AFFORDABLE CRESTACO PROPERTIES, our mission, vision, and values.
Our Story
Affordable Crestaco Properties is the trading name of Zimbabwe Home Developers Trust — a wholly Zimbabwean-owned, nationally registered Housing Finance Administration Trust established in 2012 under the Ministry of Justice, Legal and Parliamentary Affairs (Reg. No. MA 1251/12).
Founded on the principle of collective action, the Trust was established to address one of Zimbabwe's most pressing socioeconomic challenges: the inability of low-income urban and rural citizens to access decent, affordable residential accommodation through conventional market channels. By mobilising citizens into structured, transparent, and democratically governed housing finance schemes, the Trust creates a viable and dignified pathway to home ownership for those who need it most.
National Reach & Membership
The Trust operates nationally, with a registered membership base of over 10,300 contributors and an active project pipeline spanning multiple provincial centres, including Harare, Marondera, Gweru, Masvingo, Mutare, Mount Darwin, and Nkayi.
With a mandate to establish a branch presence across all ten provinces of Zimbabwe, the Trust is strategically positioned to become the country's leading community-driven social housing delivery institution.
Governance & Accountability
Governed by a Board of Trustees and administered by a professional Secretariat under the leadership of the Chief Executive Officer, the Trust maintains the highest standards of institutional accountability, financial transparency, and regulatory compliance. This is reinforced through annual independent audits and Annual General Meetings.
Housing Delivery Programmes
The Trust's housing delivery programmes are underpinned by three proven models:
- •Pay-For-Your-Stand Homeownership Scheme
- •Site and Service Scheme Development Model
- •Smart Partnerships and Joint Ventures Framework
These models enable the Trust to serve members across urban, peri-urban, growth points, and rural settings through multiple housing schemes.
Banking & Technical Partners
Affordable Crestaco Properties is supported by established banking relationships with the Merchant Bank of Central Africa (MBCA) and the Commercial Bank of Zimbabwe (CBZ).
The Trust also works with a network of technical partners, including Africa Development Consultancy and Leengate Engineering, ensuring that every project meets the highest standards of professional excellence and regulatory compliance.
Our Guiding Principle
Collective Action for Home Ownership
"A Roof Is Your Last Hope"
To become Zimbabwe's best Infrastructure Development Services provider in the transformation and development of our nation.
To deliver decent and affordable residential accommodation for every low income urban and rural citizen throughout Zimbabwe.
- Awareness building and mass mobilization of urban and rural citizens
- Pooling membership financial resources together
- Use of viable investment instruments for effective funds management
- Lobby and advocacy activities for favorable housing policy
- Negotiating and acquiring land for membership
- Organizing and managing experts in housing project delivery
Sustainable Development
At AFFORDABLE CRESTACO PROPERTIES, we are committed to sustainable development practices that benefit both our members and the environment. Our housing solutions are designed to be energy-efficient and environmentally friendly.
By working with local communities and authorities, we ensure that our developments contribute positively to the surrounding areas and help build stronger communities. We believe that sustainable housing is not just about the present, but about creating a better future for generations to come.
Our Values
The principles that guide our operations and interactions.
Management Structure
Our corporate governance structure ensures efficient and transparent operations.
Corporate Governance
AFFORDABLE CRESTACO PROPERTIES corporate structures have been modelled both in keeping general principles of good social corporate governance and in compliance with the dictates or with the provisions enshrined in the Deed of Trust.
It is only through a neatly woven and well-articulated corporate governance structure that we are better placed to deliver on our mandate of social housing delivery to the satisfaction/fulfillment of stakeholders' expectations.
Board of Trustees
The Trust is managed by a Board of Trustees, who specialized in various fields ranging from construction, finance, administration, transport, and land development. The Trustees have a five-year mandate to run the Trust.
Secretariat
Responsibility for managing the day-to-day projects and administrative affairs of the Trust lies with the secretariat. The Chief Executive Officer provides overall national leadership to the Trust. Management style is via two decentralized models: delegation and de-concentration (spatial).
Chief Executive Officer
Sikumbuzo Ncube is currently holding the position of Chief Executive Officer. He holds several Certificates, Diploma, Degree in various fields in Quantity Surveys, Marketing, Public Relations, Projects Development and Management and Finance from London Chamber of Commerce and Industry (LCCI) which aligns well with the Construction Industry.
Partnerships
AFFORDABLE CRESTACO PROPERTIES endorses and embraces the ideology of "smart partnerships". The Trust has entered into mutually beneficial partnerships with a number of technical and funding organizations/institutions to harness vast repositories of external technical expertise and funding opportunities.
Technical Partners
Africa Development Consultancy (Pvt) Ltd (ADC) offers integrated services in areas of town planning, environmental planning, land surveys, soil tests, engineering designs, feasibility studies and projects management.
Financial Partners
We work with various financial institutions to provide funding solutions and banking services to support our housing development projects and member services.
Ready to learn more about our services?
Contact us today to discover how AFFORDABLE CRESTACO PROPERTIES can help you achieve your dream of home ownership through our various housing schemes.