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Originally published by Capital Business
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business
May 1, 2026
2h ago

Govt cuts Affordable Housing deposit from 10pc to 5pc

Govt cuts Affordable Housing deposit from 10pc to 5pc

The President says salaried workers will now pay 5 percent of the unit’s value, down from the previous 10 percent. Kenya breaking news | Kenya news today |..

✨ Key Highlights

President William Ruto has announced a reduction in the deposit required for Kenya's affordable housing program, lowering it from 10 percent to 5 percent of the unit's value.

  • A 5 percent deposit is now required for salaried workers seeking affordable housing units.
  • The initiative involves the Kenyan Government and is promoted through the Boma Yangu platform.
  • The President also highlighted progress in healthcare, labor rights, and ongoing development projects in Vihiga county with a KSh15 billion investment.

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