Stoni Athi Waterfront City: The National Housing Corporation (NHC) has launched its latest affordable housing project which is targeted to provide 10,500 homes. The Stoni Athi Waterfront City in Athi River multipurpose houses target low, middle as well as high-income earners.
Stoni Athi Waterfront City houses are being developed on 150-acre land at a cost of Ksh20 billion. The mixed-use development will have residential, commercial, recreational facilities, schools and hospitals.
“Today marks a key milestone in the affordable housing program as we launch the Stoni Athi Waterfront City Project,” said Transport, Infrastructure, Housing, Urban Development and Public Works Cabinet Secretary, Mr James Macharia. “The project will have more than 10,500 homes which will accommodate mixed use developments to fulfil the NHC mandate of housing the nation.”
Stoni Athi Waterfront City project comprises 5,000 affordable housing units costing between Ksh1 million and Ksh3 million per unit, and 5,500 units targeting middle and upper-income households for between Ksh2 million and Ksh8 million a unit.
The project is located near the banks of River Athi and will include malls, hospitals, schools, boat riding, playing grounds, and parks.
Mr Macharia says the government has built more than 186,000 housing units in the past eight years as part of efforts to provide decent and affordable housing for Kenyans. He disclosed that the NHC will also be developing 5,000 housing units in the Konza Techno City.
“NHC can enhance the use of innovative structures such as j***t ventures and other collaborative enhancements to unlock the housing challenges facing the country. It has the capacity to provide vehicles through which county governments can facilitate the development of affordable homes,” he said.
He said the NHC has appropriate policies and technical expertise in planning, designing and implementing housing projects. “NHC has the ability to structure financial solutions through collaborations with financial partners. It also has the expertise to develop and present vehicles through which the county government can facilitate the development of affordable homes within the area,” said Macharia.
Mr Macharia said NHC was playing a bigger role in achieving the government’s Big Four Agenda of providing affordable housing to its citizens.
Principal Secretary for Housing and Urban Development, Mr Charles Hinga, noted that NHC has improved the housing conditions in Kenya to meet the high demand of affordable and better housing in Kenya. Mr Hinga urged the people of Machakos to take advantage of the construction and acquire quality homes for their families.
See Also >> Father Sues His Son For 20% Salary Upkeep
The PS noted that in Nairobi County there are four affordable housing projects expected to deliver 21,642 housing units. In September this year, the PS commissioned the construction of 2,235 units in the Pangani area of Nairobi County.
In December 7, 2019, President Uhuru Kenyatta launched the Habitat Heights at Lukenya as one of the affordable housing projects which will provide 8,888 housing units where he unveiled the road map for development of more housing facilities to achieve the affordable housing agenda.
Habitat Heights Lukenya is one of the first projects developed under the Memorandum of Understanding between the State Department for Housing and Urban Development and United Nations Office for Project Services (UNOPS) in September 2018 to develop 100,000 housing units.