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Originally published by Capital Business
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business
July 16, 2026
20h ago

Soldiers to access 4pc mortgages under new housing scheme

Soldiers to access 4pc mortgages under new housing scheme

The programme brings KDF personnel into the Civil Servants Housing Mortgage Scheme, allowing them to buy completed homes and plots, construct houses, complete ongoing projects and transfer mortgages from other financial institutions through low-interest financing...

✨ Key Highlights

More than 50,000 Kenya Defence Forces (KDF) personnel will now have access to subsidized mortgages at a 4% interest rate through a new housing scheme. This initiative is a collaboration between KCB Bank Kenya, the Ministry of Lands, Public Works, Housing and Urban Development, and the Ministry of Defence.

  • The programme allows KDF personnel to access low-interest financing for purchasing homes and plots, construction, project completion, and mortgage transfers.
  • Key figures involved include KCB Bank Kenya Managing Director Anastacia Kimtai, Housing Principal Secretary Charles Hinga, and Chief of the Kenya Defence Forces General Charles Kahariri.
  • This initiative is part of the government's effort to provide affordable housing for security agencies, with over Sh25 billion already invested in KDF housing projects.

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