The government is this month expected to roll out allocation of some 1,509 affordable houses to home owners. And when we say affordable houses, it is not synonymous with poor quality,” the PS said. He said the ministry has embarked on a robust plan to simplify the message on affordable housing. “This should help us tell Kenyans that whatever you are paying for rent, there is a package for you under the affordable housing,” he said. This includes the construction of 500,000 affordable homes across 47 counties, a 50 per cent reduction in interest rates for homeowner financing solutions in affordable housing, and a 30 per cent reduction in construction costs.
Source: The Star July 22, 2020 01:52 UTC