IN SUMMARY

  • Majority of Kenyans (69 percent) do not support the Housing Levy
  • The plan aims at creating a new generation of homeowners
  • The government introduced The Housing Levy through the Finance Act 2023, which will see employees contribute 1.5 per cent of their salaries

President William Ruto has said that the Affordable Housing Project is on course.

Ruto spoke when he visited Mukuru Met Social Housing Project in Mukuru, Nairobi County, where over 14,000 units are nearing completion.

The president  further says that the project offers gainful employment to millions of youth struggling to earn a living

‘’Besides addressing the housing gap faced by the growing urban low-income population, this progressive project also presents huge opportunities for gainful employment to millions of our youth struggling to earn a living and entrepreneurs.’’

 

The affordable housing project

The plan aims at creating a new generation of homeowners.

The Kenya Kwanza Administration plans to construct 1,000,000 houses across the country by 2027.

The Programme  targets the over 6.5 Millions Kenyans living in slums and informal settlements.

The National Land Commission plays an integral role in land acquisition and allocation for successful implementation of the Affordable Housing project.

Affordable Housing Levy

This comes weeks after the government introduced The Housing Levy through the Finance Act 2023, which will see employees contribute 1.5 per cent of their salaries towards the government’s Affordable Housing Project.

As of June 30, at least 367,000 Kenyans had registered with the government’s Affordable Housing project dubbed Boma Yangu  StateHouse Spokesperson Hussein Mohamed said.

Kenyans opposed the Affordable Housing

Earlier reports indicated that 69% of Kenyans were opposed to the Kenya Kwanza affordable housing plan

The  poll conducted by TIFA revealed that 54 percent of Kenyans believe that those who contribute to the Housing Levy will not have the opportunity to own a house.

The economic survey conducted between June 23 and June 30, 2023, indicated that 7 per cent of the 1,530 respondents remained undecided on the matter.

 

 

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