Charles Hinga - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

State eyes new financing model to boost housing levy shortfall

Sacco ReviewSeptember 5, 202604 mins

Government seeks new financing to close the housing programme funding gap. Housing Levy collections remain below what is needed for the annual target. World Bank talks could bring long term funding alongside levy and sales revenue. The government is considering an alternative financing model for the Affordable Housing Programme after the mandatory 1.5 per cent…

Sacco records could unlock housing loans for Kenyans

Sacco ReviewAugust 26, 202607 mins

Mobile money and Sacco records could help informal workers qualify for housing loans Government targets a major expansion of Kenya’s mortgage market Lenders push for wider financing options to turn affordable housing projects into home ownership Millions of Kenyans working outside formal employment could soon have a better chance of accessing affordable housing loans if…

Government defends Affordable Housing plan as 8,807 units complete

Sacco ReviewAugust 3, 202606 mins

Affordable housing: Government says 8,807 units are complete, with 198,726 under construction. Student housing: 37,347 units are being built to accommodate over 130,000 learners. Nandi projects: 24 projects worth Sh15.7 billion are underway, including housing, hostels and markets. The government has defended the progress of the Affordable Housing Programme, saying thousands of housing units have…

PS Hinga sets record straight on Ksh2.56 billion Boma Yangu withdrawals

Sacco ReviewJuly 23, 202605 mins

Housing PS Charles Hinga said the reported Ksh2.56 billion Boma Yangu withdrawals were misinterpreted, noting Ksh1.76 billion was used as deposits for affordable housing units while Ksh803 million was withdrawn. He said withdrawals were mainly for personal needs, such as school fees, or due to uncertainty over the programme, insisting the figures do not show…

PS Hinga: affordable housing ownership protected beyond 2027 elections

Sacco ReviewJune 19, 202603 mins

Housing Principal Secretary Charles Hinga has assured Kenyans that beneficiaries of the Affordable Housing Programme will retain ownership of their homes, regardless of which government comes into power after the next elections. On Thursday, June 18, Hinga dismissed claims from the opposition suggesting that houses acquired under the programme could be repossessed following the 2027…

President Ruto launching the Affordable housing in Mukuru

Parliament approves KSh25 billion to rescue affordable housing projects at risk of stalling

Sacco ReviewApril 7, 202603 mins

More than 1,700 affordable housing units that were on the verge of stalling will now proceed after Members of Parliament approved KSh25 billion to unlock funds previously tied up in Treasury Bills. The allocation, passed under Supplementary Estimates I for the 2025/26 financial year, is expected to ensure contractors are paid and ongoing projects remain…

Government scraps affordable housing deposit for low-income Kenyans to boost homeownership

Sacco ReviewDecember 20, 2025December 20, 202504 mins

Low-income Kenyans earning Sh20,000 or less will now access houses under the Affordable Housing Programme without paying an upfront deposit, following a government waiver designed to ease barriers to homeownership. Housing Principal Secretary Charles Hinga said the policy targets households that can afford monthly repayments but struggle to raise lump-sum deposits. He explained that while…