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August 13, 2025
3d ago

Govt Issues Way Forward on Housing Levy Contributions

Govt Issues Way Forward on Housing Levy Contributions

The clarification follows an uproar from Kenyans...

✨ Key Highlights

The Kenyan government announced that the Housing Levy deductions will continue, with plans to expand their use beyond affordable housing. President William Ruto addressed concerns from citizens, assuring them the funds would be utilized responsibly for various infrastructure projects.

  • The Housing Levy, introduced by the government through the Finance Act of 2023, will now also fund the construction of markets and student hostels.
  • President William Ruto confirmed the expansion of the levy's scope during his speech at Tom Mboya University in Homa Bay.
  • The new student accommodations aim to provide safer living environments for students in TVETs and universities, as many currently reside in insecure areas.
  • The government plans to build 400 new markets across Kenya using a portion of the funds collected.

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