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July 1, 2026
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Ruto Reveals Failed Housing Plan That Led to 1.5% Housing Levy

Ruto Reveals Failed Housing Plan That Led to 1.5% Housing Levy

While addressing the delegates, Ruto disclosed that the government has, in under three years, collected Ksh1.2 trillion in housing levy deducted from workers...

✨ Key Highlights

President William Ruto explained that Kenya's 1.5% housing levy was introduced after attempts to secure loans for the Affordable Housing Programme failed due to impracticality and unsustainability.

  • The government has collected Ksh1.2 trillion since the levy's introduction.
  • Key figures involved include President William Ruto and employers.
  • The housing levy, which came into effect in 2024, is a highly debated policy for funding housing projects under the Boma Yangu initiative.

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