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Originally published by Capital News
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May 1, 2026
2h ago

Ruto Cuts Affordable Housing Deposit from 10% to 5%

Ruto Cuts Affordable Housing Deposit from 10% to 5%

"On this Labour Day, I say thank you to every Kenyan worker for not only believing in our country, but also for actively building it, sustaining it, and shaping its future," Ruto said.  - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

President William Ruto has announced a significant reduction in the deposit required for affordable housing units, aiming to boost participation in the program. Salaried workers will now only need to pay a 5 percent deposit.

  • Most important fact or figure from the article: Deposit for affordable housing reduced from 10% to 5%.
  • Key person or organization involved: President William Ruto, COTU (Central Organisation of Trade Unions).
  • Notable detail that adds context: The President urged unions to mobilize members to register on the Boma Yangu platform and addressed ongoing reforms in the Social Health Authority (SHA).

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