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Red flag over affordable housing shaky funding

Affordable Housing

A section of the Affordable Housing Project in Mukuru, Nairobi on December 11, 2024.

Photo credit: Evans Habil | Nation Media Group

What you need to know:

  • Ms Nyakang’o noted that lack of funding was one of the key challenges for one of President William Ruto’s pet projects.
  • The State Department for Housing spent Sh25 million on the project during the three months to end of September 2024.

The Controller of Budget (CoB) Margaret Nyakang'o has flagged shaky funding for the affordable housing programme, exposing the State's poor performance on one of its flagship projects for the second year in a row.

Despite billions of shillings levied from Kenyan workers monthly to fund the housing programme, the CoB’s report shows the State is far from hitting the 250,000 houses a year target needed to address housing demand.