Episode 91: A Roadmap to Affordable Housing
As part of its Big Four Agenda, the Jubilee government aims to focus on the provision of affordable housing units to be bought on mortgage by formally employed Kenyans. In the 2018/2019 budget, affordable housing received a provision KES 6.5 billion. By 2022, the government aims to have constructed 500,000 affordable housing units, with four types being available. The housing projects have been divided into five lots, with one lot covered in each financial year. Each lot is then broken down into flagship projects, flagship social housing projects, counties and towns and Nairobi County projects.
We’re joined by Njeri Cerere, a Planning, Development and Environmental Consultant, and the co-convenor of Naipolitans, to discuss a roadmap to affordable housing in Kenya. Press play!
Resources
Kenya economic update : housing – unavailable and unaffordable
Road To Affordable Housing Agenda, Health For All, Now Clear
State of Housing in Kenya: Will Government Strategy Deliver on Social Housing
How feasible is the Housing component of Kenya’s Big Four Agenda?
The Home Ownership Survey – January 2015
The KPDA Affordable Housing Report, June 2018
The 500, 000 Affordable Housing Program – Project Delivery and Finance Framework, May 2018
Kenya Affordable Housing Programme – Development Framework Guidelines – Release Version, Oct 2018
Housing Policy as an Agenda for Elections 2017
Nairobi 1948 Master Plan “A Plan for a Colonial Capital”
Nairobi Metropolitan Growth Strategy (1973 Plan)
Housing levy with lots of grey areas
How the National Housing Development Fund affects you
NDEMO: Africa’s Poverty Contradictions and Dead Capital
Kenya’s mortgage rate 6 times more than rent compared to S.Africa’s 1:1 ratio
Why the proposed 10pc roof on mortgage is still too high for Kenyan buyers
Number of mortgage accounts declines for first time in decade
Trouble brewing in Kenya’s house loans market
Kenyans shun mortgages, prefer building own homes
Some buildings in Nairobi have not been occupied more than a year after completion.
Episode 62: Tax Justice in Kenya
Episode 70: Financing the Kenyan Government
Episode 72: The Impact of Interest Rate Capping
Episode 77: The Problem With Our Roads
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