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Originally published by The Standard Business
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June 18, 2026
2h ago

Sh143b budget plan in Ruto's make or break affordable housing goal

Sh143b budget plan in Ruto's make or break affordable housing goal

Despite billions from the housing levy and increased funding, Kenya remains far from President Ruto’s target of one million new homeowners...

✨ Key Highlights

President William Ruto's administration is set to implement a Sh143 billion budget plan to achieve its ambitious affordable housing goal, aiming to create one million new homeowners by the end of the financial year.

  • The plan targets the construction of 250,000 new housing units annually, with half designated as affordable.
  • Key figure involved is President William Ruto, representing the Kenya Kwanza administration.
  • A notable detail is the project's potential to significantly increase housing supply and homeownership if successfully executed as envisioned in the manifesto.

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