Browsing: Association of Pension Trustees and Administrators of Kenya (APTAK)

• Housing demand in Kenya is estimated at 250,000 units annually.
• With a supply of only 50,000 new houses annually, there is an 80 per cent annual housing deficit.
• President William Ruto has detailed his plan to deliver 200,000 housing units annually.

Kenya has had an ambitious plan to address the housing shortage in the country, with the two past regimes placing affordable housing as one of the key priorities.

Housing demand in Kenya is estimated at 250,000 units annually. With a supply of only 50,000 new houses annually, there is an 80 per cent annual housing deficit.

The previous government led by former President Uhuru Kenyatta had an Affordable Housing Programme that had targeted to deliver at least 500,000 units by last year, but failed way below with less than 10 percent  of intended units being delivered by 2022.

President William Ruto has detailed his plan to deliver 200,000 housing …