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Originally published by Nation Businessbusiness
May 9, 2026
4h ago
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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