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Originally published by Nation Business
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business
May 9, 2026
4h 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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