Ruto Promises to Offer Kenyans Affordable Housing and Settlement

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Ruto Promises to Offer Kenyans Affordable Housing and Settlement

President William Ruto has promised to offer affordable land to both public and private developers to spur his housing agenda in the country.

 

President William Ruto has detailed his plan to deliver 200,000 housing units annually that will heavily rely on counties’ backing and how attractive the private sector will see the business environment.

The President, while launching housing units by a private developer in Ongata Rongai, Kajiado County yesterday, said his administration is drafting a programme that will rope in the private sector and county governments on developing affordable houses. The programme will also detail how finances will be made available for Kenyans to access mortgages.

 

“I have had meetings with pension institutions so that they can contribute to the financing for a mortgage for homeowners,” said Mr Ruto.

President William Ruto has detailed his plan to deliver 200,000 housing units annually that will heavily rely on counties’ backing and how attractive the private sector will see the business environment.

The President, while launching housing units by a private developer in Ongata Rongai, Kajiado County yesterday, said his administration is drafting a programme that will rope in the private sector and county governments on developing affordable houses. The programme will also detail how finances will be made available for Kenyans to access mortgages.

 

“I have had meetings with pension institutions so that they can contribute to the financing for a mortgage for homeowners,” said Mr Ruto.

SOURCE: https://www.kenyans.co.ke/





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