This archive report was first published on 21 November 2019.
Published on November 21, 2019, the Nairobi County government has announced plans to demolish old houses at Jevanjee and Bachelors estates in Nairobi to pave the way for the construction of 3,000 affordable housing units over the next two years.
The existing 80 tenants in the two estates will be given Sh600,000 each to seek alternative accommodation during the construction of the modern houses, according to Business Daily.
Under the agreement, the tenants will be given priority during the issuance of the new units, where each will receive a three-bedroom house worth Sh3 million repayable over 30 years.
“The partnership deals guarantee that each tenant will get priority when the new houses are allocated to new tenants, where each will pay a negotiated Sh8,000 monthly rent within the next 30 years,”
Nairobi Finance executive Pauline Kahiga said the county government will proceed with the due process of issuing a 30-day vacation notice to the tenants to allow contractors to launch construction soon.
The project aligns with the national government’s agenda of achieving affordable housing, the county government noted.
