Treasury lines up special fund for buying idle land
An affordable housing project in Ngara, Nairobi, on December 4, 2020. The government will set up a special fund to buy idle tracts of land to support State-backed projects such as the construction of affordable housing.
The government will set up a special fund to buy idle tracts of land from individuals and land-owning entities to support State-backed projects such as commercial farming and the construction of affordable housing.
The Treasury says the fund, to be known as Settlement Fund, will be similar to a kitty used by the government nearly seven decades ago to buy large tracts of land from settlers after Kenya got independence.
