Sharp Daily
No Result
View All Result
Monday, June 29, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Affordable housing units launched across 17 counties

Teresiah Ngio by Teresiah Ngio
November 22, 2024
in News
Reading Time: 2 mins read

In a transformative move to address Kenya’s housing shortage, the State Department for Housing and Urban Development has officially launched the sale of 4,888 Affordable Housing Units in 17 counties. These units fall under three categories: Social Housing Units, Affordable Housing Units, and Affordable Middle-Class Housing Units, offering diverse options for Kenyans across income brackets.

“We are launching the sale of Affordable Housing Programme and Social Housing projects nearing completion. These include studio, one-bedroom, two-bedroom, and three-bedroom units,” the department announced in a notice dated November 21, 2024.

Kiambu County leads with 1,027 housing units ready for allocation. Other counties with significant housing availability include Nakuru (440 units), Nyandarua (326), and Machakos (294). Smaller allocations range from 60 to 248 units in counties such as Embu, Vihiga, and Wajir.

Social Housing Units: A Lifeline for Low-Income Earners

Targeted at Kenyans earning less than KES 20,000 monthly, Social Housing Units offer homeownership at subsidized rates. For instance, studio units cost KES 640,000, with monthly payments of KES 3,900, while one-bedroom units are priced at KES 960,000 with monthly payments of KES 5,350.

RELATEDPOSTS

Kenya’s real estate pivot: why private developers are abandoning residential housing

June 19, 2026

DStv subscriber base in Kenya falls to 248,053 in first quarter of 2026

June 18, 2026

“These units provide an opportunity for the most vulnerable to own homes without the burden of high costs,” noted a spokesperson from the department.

Affordable and Middle-Class Housing Units: Bridging the Gap

Affordable Housing Units cater to middle-income earners earning between KES 20,000 and KES 149,000 monthly. Studio apartments start at KES 1,000,000 with repayments as low as KES 7,250 per month. Larger options include three-bedroom units priced at KES 3,200,000.

For higher earners, Affordable Middle-Class Housing Units offer spacious layouts and premium features, such as 86 SQM three-bedroom apartments priced at KES 5,160,000 with monthly payments of KES 45,500.

A Step Toward Equality

The government’s “One ID, One Housing Unit” policy ensures every Kenyan has equal access to this program. “This initiative embodies our commitment to providing affordable, dignified housing to all citizens,” said the Housing Department’s Principal Secretary.

Previous Post

Reimagining Kenya’s Pension System: Lessons from Global Models

Next Post

Kenya’s MPs reject Levy hike, approve crude oil regulation

Teresiah Ngio

Teresiah Ngio

Related Posts

News

Building a Portfolio That Works Across Market Conditions

June 26, 2026
News

Kenya’s Macro Resilience Amid the Iran Conflict

June 26, 2026
Inflation, Crisis and rising commodity prices concept stock
News

How the cost of living crisis is hitting pension contributions

June 26, 2026
News

Why Liquidity Matters in Financial Markets

June 25, 2026
News

Kenya Secures Kshs 22.1 bn Samurai Bond from Japan

June 25, 2026
Low voter turnout at Masikonde Primary School in Narok town ward on November 27 2025, voting kicked off at 7.00 AM. Tobias Meso|NMG
News

IEBC sets August 10, 2027 as date for Kenya’s next general election

June 25, 2026

LATEST STORIES

Building a Portfolio That Works Across Market Conditions

June 26, 2026

Kenya’s Macro Resilience Amid the Iran Conflict

June 26, 2026
Inflation, Crisis and rising commodity prices concept stock

How the cost of living crisis is hitting pension contributions

June 26, 2026

The banking concentration risk on Kenya’s capital market

June 26, 2026

Why Liquidity Matters in Financial Markets

June 25, 2026

Kenya Secures Kshs 22.1 bn Samurai Bond from Japan

June 25, 2026

Designing Pension Solutions for Kenya’s Evolving Workforce

June 25, 2026
Low voter turnout at Masikonde Primary School in Narok town ward on November 27 2025, voting kicked off at 7.00 AM. Tobias Meso|NMG

IEBC sets August 10, 2027 as date for Kenya’s next general election

June 25, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024