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Originally published by Nation Business
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business
May 9, 2026
1mo ago

State plans Sh360bn housing blitz after 2027 polls

State plans Sh360bn housing blitz after 2027 polls

The government anticipates significant revenue from houses currently under construction...

✨ Key Highlights

The Kenyan government plans a significant expansion of its affordable housing program after the 2027 general election, projecting a massive increase in spending funded by the sale of completed units and a robust housing levy.

  • Spending on housing is set to surge to Sh360.1 billion in the 2027/28 financial year, a 227.3 percent increase from Sh110 billion in the preceding year.
  • The initiative is led by President William Ruto and managed by the Ministry of Housing and Urban Planning.
  • The strategy aims to make the housing sector the government's largest recipient of development funds, surpassing roads, by leveraging revenue from ongoing projects and increased housing levy collections.

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Part of the Day's Coverage

Kenya to Highlight Infrastructure, AI at African Forward Summit - May 2026

Kenya is set to highlight its advancements and priorities in infrastructure and artificial intelligence at the upcoming African Forward Summit 2026, an event aimed at fostering discussions on economic growth and development across the continent. At the same time, the construction of the Nanyuki-Naibor-Doldol road in Laikipia North is set to unlock rural economic growth, with residents viewing it as a significant step towards economic justice and equitable development. Additionally, the Kenyan government plans a significant expansion of its affordable housing program after the 2027 general election, projecting a massive increase in spending funded by the sale of completed units and a robust housing levy, with a projected investment of Sh360 billion.

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