At least 124,000 units are currently being built under the affordable housing programme, according to the latest tally.
The Ministry of Lands, Public Works, Housing and Urban Development, which oversees the programme, said the units are spread in 40 counties.
“This effort has generated an impressive 206,000 jobs, giving a much-needed boost to the country’s economy. Further, the initiative has led to a 40 per cent increase in mortgage refinancing, making homeownership more attainable for many Kenyans,” the ministry said.
A housing unit refers to a room or group of rooms occupied as one living quarter, in a block of apartment. Government spokesman Isaac Mwaura said 64,211 units under the Affordable Housing Programme had been booked by September 5, with 539,623 Kenyans saving more than Sh2.2 billion.
The Affordable Housing programme is one of President William Ruto’s signature programmes under his bottom up manifesto. Kenyans pay 1.5 per cent of their gross income to fund the project.