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June 18, 2025
2mo ago

Govt Announces Immediate Changes to Housing Levy

Govt Announces Immediate Changes to Housing Levy

The resolutions came following a closed-door meeting with key stakeholders...

✨ Key Highlights

The government of Kenya, led by President William Ruto, will initiate refunds to the Housing Levy Fund for funds diverted to market constructions, following a meeting with COTU Secretary General Francis Atwoli on June 18, 2025.

  • All funds used for constructing markets will be reimbursed to the Affordable Housing Levy Fund.
  • COTU is pushing for adherence to the intended use of the housing levy.
  • The deposit for housing unit allocations has been reduced from 10 percent to 5 percent of the purchase price, prioritizing salaried Kenyans who contribute to the fund.

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