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Kenya and the United Nations have signed a deal that will have 100,000 cheap housing units constructed in the country.
The project will be financed through a partnership between the Kenyan government and the United Nations Office for Project Services (UNOPS).
The signing of the deal was done on the of the periphery of the ongoing 73rd session of United Nations General Assembly in New York and was witnessed by President Kenyatta.
“Our Affordable Housing Program seeks to implement interventions that will ensure that developers can produce housing units at scale, homebuyers can access affordable financing facilities that allow them to buy homes, and that the enabling environment facilitates innovation, embraces technology, and commercial arrangements that can bring down the cost of construction,” President Uhuru noted when he witnessed the signing of the agreement.
The 100,000 affordable houses will be built in different parts of the country at a cost of 1.3 billion shillings. The President said government looks to deliver the affordable housing pledge without putting much pressure on Kenyan taxpayers.
“We are therefore focusing on financing and investment frameworks that will unlock private sector financing for this program,” said President Kenyatta.
“We believe that we will be able to utilize our labor and create 3 to 5 direct jobs and up to 8 indirect jobs per unit we build,” he added.
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If Ksh 1.3 billion could build 100,000 houses what about the Ksh 100,000,000 current Governors have stolen within the last ten years?. The Ksh 100 billion figure is based on what governor Obado or ex-governor Kidero are alleged to have stolen while in office multiplied by 48 counties. The fact is Kenyans Mpigs are the worst kind of oppressors in the World
What are we ever going to do for ourselves?. What are all these projects for if we cannot afford them? Why not live up to our means? By the time the Dynsties end their term, Kenya will be back to Moi's time when Kenya was taking it's books to Washington. These Dynasties will have mortgaged our country to foreigners. What will follow is Mau Mau II. God help Kenya!!
@Dr hanene very true but if u add the 1.4b ksh kazi ya vijana cash raila stole during coalition gavament then u will realised hii kenya yetu pesa iko.
Is it 1.3 Trillion or Billion? Anyway if I am NOT wrong: 1,300,000,000 ÷ 100,000 houses = to 13,000 per Cheap house. Are these Shacks or what?
The partnership signifies major progress towards addressing the housing problem in Kenya.
ON POINT