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Originally published by Kenyanstop
July 22, 2026
3h ago
PS Hinga Explains Ksh2.56 Billion Affordable Housing Refunds After Reports
The Affordable Housing project is one of the most significant projects for President Ruto under the Bottom-Up Economic Agenda but has since its inception faced numerous questions and opposition alike...
✨ Key Highlights
Principal Secretary Charles Hinga has contested reports claiming Ksh2.56 billion has been withdrawn from the Boma Yangu Affordable Housing Savings platform.
- He clarified that over two-thirds of the reported amount was redirected to deposits for new homes, not actual withdrawals.
- The Principal Secretary in the State Department of Housing and Urban Development, Charles Hinga, addressed the controversy following media reports.
- About 31.4% (Ksh803 million) represents genuine withdrawals, some due to personal needs like school fees and others stemming from political threats to scrap the housing levy, causing public panic.
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