This comes as it intensifies efforts to address the country's widening housing deficit through climate-resilient developments, having already delivered 200 units.
About 464 housing units are under construction for completion in 2026 and 2027, while more than 2,300 additional units are in its development pipeline, reinforcing its position as one of the leading institutional investors in affordable housing across Sub-Saharan Africa.
The announcement was made during the 2nd Annual International Housing Solutions Kenya Affordable Housing Conference in Nairobi, where industry players, financiers, policymakers and investors gathered to explore solutions for scaling affordable housing delivery in the region.
Kenya continues to face a severe housing shortage, with the deficit estimated at more than two million units.
Annual demand is projected at between 200,000 and 250,000 homes, yet fewer than 50,000 units are delivered each year, leaving thousands of families unable to access decent and affordable housing which the govenrment is also pushing to adress under its programme.
IHS Kenya managing director Kioi Wambaa said affordable housing investments extend beyond providing shelter and play a critical role in building stronger and more resilient communities.
"The delivery of green affordable housing is not
simply about constructing buildings; it is about creating opportunities,
strengthening communities, and improving quality of life for thousands of
families. Sustainable housing developments have the power to drive economic
growth, enhance resilience and provide a foundation for future generations to
thrive," said Wambaa.
IHS developments incorporate internationally recognised IFC EDGE certification standards aimed at reducing energy and water consumption.
The projects achieve at least 20 per cent resource savings under basic certification and up to 40 per cent under EDGE Advanced certification, helping lower utility costs for residents while attracting impact-focused investors.
The company is also leveraging artificial intelligence and digital technologies to improve design efficiency, predictive maintenance, property management and operational performance, measures it says will enhance long-term sustainability and resident experience.
Absa Bank Kenya, the conference's title sponsor, called for stronger financing mechanisms to support housing development.
Absa Bank Kenya managing executive for corporate and investment banking , James Agin, said innovative financing models and partnerships remain critical in bridging the housing gap.
"Affordable housing remains one of Kenya's most significant socio-economic priorities and unlocking sustainable financing solutions is essential to bridging the housing gap," Agin said.
IHS Group managing director Rob Wesselo said the company's achievements demonstrate that affordable housing can be both commercially viable and environmentally sustainable.
However, he noted that addressing Africa's housing challenge will require deeper collaboration between governments, investors, developers and financial institutions to unlock capital, innovation and policy support needed to scale delivery across the continent.
President William Ruto's government is also pushing to deliver affordable houses with approximately 8,400 units physically completed so far and over 210,400 additional units currently under active construction across the country, with projects at different stages.
