Govt to launch housing project to reduce deficit

By George Kithuka

The government is set to launch an ambitious housing programme that seeks to significantly reduce the current housing deficit in the country.

Land, Housing and Urban Development cabinet secretary Jacob Kaimenyi says urgent measures needs to be put in place as the country is experiencing a housing shortfall of two hundred thousand units.

The cost of housing has remained excessive for many families living in urban centers with landlords taking advantage of the housing shortfall to charge a fortune.

Releasing the housing status in the country, CS Kaimenyi says the government will embark on various housing projects in the country that include the construction of over 8 thousand housing units in Nairobi under the civil servants housing scheme.

The Cabinet secretary informed stakeholders that the ministry has also directed the National Housing Corporation to invest in the use of expanded polystyrene system panels – a building technology by use of specialized EPS panels that cost 30% less compared to conventional building methods – to provide Kenyans with cost effective yet quality houses.

The CS also authorized the review of the NHC policy to allow Kenyans in rural areas access funds for housing and reduced mortgage rates.

Under the new initiative, the ministry is set to commence construction of over 1800 police housing units by use of the EPS technology.

  

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