The completed Elburgon Affordable Housing Project in Molo Constituency, Nakuru County, comprising 220 modern housing units across nine G+4 blocks.

Affordable housing now costs up to Ksh600,000 more per unit

Affordable housing buyers face higher prices under the latest government review Two-bedroom units record the biggest increase across the revised housing rates Applicants who applied before October 1 will retain the earlier prices for their units Buying a home under the Affordable Housing Programme just got costlier, with some units now going for Ksh600,000 above…

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Housing Principal Secretary (PS) Charles Hinga addresses the parliamentary housing committee./ courtesy

State eyes new financing model to boost housing levy shortfall

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…

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