This archive report was first published on 2 December 2019.
On December 2, 2019, Housing Finance Group (HF Group) announced a partnership with real estate developer Technofin Kenya Limited to facilitate the purchase of affordable housing units in Nairobi's Pangani area.
The partnership, which involves the marketing and sales of 1,562 housing units currently under construction, aims to bridge the country's 2 million housing deficit.
According to HF Group CEO Robert Kibaara, public-private partnerships are crucial in addressing the housing shortage in Kenya.
The project, which consists of two and three-bedroom apartments, is part of the Nairobi County Government's facelift programme, which also includes the redevelopment of estates such as Ngong Road Phases I and II, Uhuru Estate, New Ngara, Old Ngara, Suna Road, and Jeevanjee.
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