Why we are pushing for mandatory contribution to Housing fund- PS Hinga - News Summed Up

Why we are pushing for mandatory contribution to Housing fund- PS Hinga


Hinga reiterated the crucial role of mandatory contribution in attracting potential investors for the ambitious housing project. Through this collaborative endeavor, we can successfully construct housing units on a large scale. He highlighted that 91 percent of Kenyans currently rent, and the plan is to subsidise rent payments to facilitate the transition to homeownership. The Housing PS further stated that the government will prioritise Kenyans who do not currently own houses. Regarding the location of the housing units, Hinga revealed that five hundred and twenty-four (524) parcels of land have already been identified in major towns across the country.


Source: Standard Digital May 25, 2023 01:19 UTC



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