NEWSREAL ESTATE

Govt Kicks off Process for Kenyans to Acquire Units Under Affordable Housing

Share
Affordable housing units in Kenya
Principal Secretary for the State Department for Housing and Urban Development, Mr Charles Hinga, has invited prospective home owners to attend open days.
Share

The Kenya Government has kicked off a series of open days across the country inviting Kenyans to select houses from the 4,888 units under the Affordable Housing Program(AHP). The initiative, part of the government’s efforts to address the housing deficit, will see Kenyans start their home ownership journey by paying a deposit for the selected unit that includes provision of a mortgage facility.

Principal Secretary for the State Department for Housing and Urban Development, Mr Charles Hinga, has invited prospective home owners to take advantage of the holiday season to visit the 24 AHP sites spread across the country to inspect the housing units.

“We would like to invite you all to attend the open days scheduled to take place in Machakos this Saturday( 21st December) and across our 23 other projects countrywide to view the show-houses on site and the various housing units near completion,” he said.

The units at the Machakos Affordable Housing project comprise of 40 one-bedroom units, 60 two-bedroom units and 60 three-bedroom units, with generous green spacesfor relaxation and leisure, adequate parking for all homeowners.

So far, the government has a total of 4,888 units of different typologies on offer for sale across different parts of the country and plans are at an advanced stage to launch more projects thereby giving more choices of housing units to choose from.

The open days also gives Kenyans a platform to make inquiries about AHP, seek assistance on how to register on the Bomayangu portal as well as how to make payment by instalments for the various units.

The payment option also allows Kenyans to pay for their selected units under a rent-to-own arrangement for up to 25 years. Home owners can also pay off for their select units in a lumpsum.

> Shelter Afrique Signs Landmark Housing MoU in Africa

Written by
BT Reporter -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Lee Kinyanjui
POLITICS

CS Lee Kinyanjui Calls for End to Political Hostility at Social Gatherings

Investments, Trade and Industry Cabinet Secretary Lee Kinyanjui has issued a strong...

Absa Bank Kenya CEO Abdi Mohamed (2nd Right) and Marketing & Corporate Affairs Director Mwihaki Wachira (Centre) present the sponsorship cheque for Magical Kenya Open Patrick Obath(R)
FEATURED STORYSPORTS

Absa Bank Kenya Gives KSh 65m to Magical Kenya Open Golf Tournament

Absa Bank Kenya Plc has announced a KSh 65 million sponsorship for...

NSSF Twin Tower Complex-an artist's impression
BUSINESSFEATURED STORYREAL ESTATE

NSSF Iconic Twin Towers to Change Nairobi Skyline

NSSF (National Social Security Fund) is constructing a KSh 30 billion mixed...

New Holland Tractors in Kenya
BUSINESS

Inchcape Kenya Launches New Holland Franchise With 95% Financing

Inchcape Kenya has officially launched the New Holland Agriculture distribution business in...