Over 500K Kenyans voluntarily save Sh2.255 billion for affordable houses - News Summed Up

Over 500K Kenyans voluntarily save Sh2.255 billion for affordable houses


However, the government refuted these claims, highlighting the significant voluntary savings by over half a million Kenyans under the Boma Yangu initiative, a key component of the AHP. The statement emphasised that the AHP was specifically designed to meet the needs of ordinary Kenyans by offering affordable housing units at significantly reduced prices. Hussein said that contrary to the Daily Nation's assertions, the uptake of AHP units has been notably high. For instance, 1,370 affordable units at Park Road, Nairobi, were sold out within 90 days. Since September 2022, the AHP has launched 103,000 affordable housing units in various construction stages nationwide, creating 160,000 jobs and further opportunities for MSMEs.


Source: Daily Nation August 06, 2024 13:35 UTC



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