Charles Hinga, Principal Secretary for Housing and Urban Development

Sacco records could unlock housing loans for Kenyans

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…

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Stima Sacco CEO Dr. Gamaliel Hassan receives the award at the Kenya Affordable Housing Awards 2026.- photo courtesy

Stima DT Sacco wins housing refinancing award

Stima Sacco Society Limited has been recognised for its contribution to affordable housing finance after winning the Refinancing Efficiency Champion Award in the SACCO Category at the Kenya Affordable Housing Awards 2026. The award recognises Stima DT Sacco’s efforts to expand access to affordable mortgage solutions, supported by its partnership with the Kenya Mortgage Refinance…

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The Kapsuswa Affordable Housing Project in Eldoret.- Photo/courtesy

KMRC to host 5th Affordable Housing Conference in Naivasha

KMRC will host the fifth Kenya Affordable Housing Conference from August 20 to 21 in Naivasha. The conference will focus on expanding affordable housing finance, especially for informal workers and Sacco members. Stakeholders will discuss blended finance, land reforms, green housing and technology in the housing sector. The Kenya Mortgage Refinance Company (KMRC) will convene…

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John Mbadi-CS Treasury

Kenya’s affordable housing gets big boost with Sh120b treasury allocation

The National Treasury and Economic Planning Cabinet Secretary (CS), John Mbadi has said the National Treasury has set aside Sh120.2 billion to the housing and settlement sector in the 2025/26 financial year. Mbadi said the move is aimed at bridging the widening gap in home ownership, particularly in urban areas. Speaking during the 4th Kenya…

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Report sheds light on why affordable housing is a pipedream

Inadequate supply of affordable housing, high incidental costs, slow property registration and titling process and high cost of land for construction have been identified as some of the reasons most Kenyans are unable to own modern houses, a new report has shown. According to Kenya Mortgage Refinance Company (KMRC) 2022 Annual Integrated Report and Financial…

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SACCCO

Saccos to attract more mortgage refinancing

Kenya Mortgage Refinancing Company (KMRC) hopes there will be increased healthy competition in the sub-sector that has been dominated by commercial banks after Saccos entered into the mortgage space. They are now looking forward to making affordable housing a reality because Saccos offer loans at a low interest rate and are easily accessible to many…

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