This archive report was first published on 5 July 2020.
On July 3, 2020, Housing and Urban Development Principal Secretary Charles Hinga reaffirmed the government's commitment to delivering affordable housing in Kenya. Speaking at the launch of the Samara Estate project in Kiambu County, a luxurious-low cost housing project, Hinga emphasized the government's introduction of incentives to support low-income earners in affording houses.
The Affordable Housing Project aims to deliver 500,000 affordable homes over a five-year period, with a number of incentives and supports in place to facilitate the delivery of affordable housing in Kenya.
PS Hinga noted that the government's plan is progressing well, with other players joining in the initiative. He stated that the government and stakeholders are ready to deliver the promise of 500,000 homes under the Affordable Housing Programme.
According to Hinga, 'All Kenyans have a right to live in a humble and habitable environment in their lifetime. The Government is partnering with private partners to make house ownership more affordable.'
At the ceremony, Tushia Global Holdings Chairman Bishop Mark Kariuki reiterated the private sector's commitment to community development through strengthening Private Public Partnerships with the national and county governments.
China Building Technology Kenya's Chief Executive Officer Tom Kimani Zeng announced that his company, which is financing the project, will complete construction works within three years.
The Samara Estate will house close to 2,000 units, with prices ranging from 2.95 million to 3.95 million shillings for two-bedroom and three-bedroom apartments respectively.
