Boma Yangu Explains When Homeowners Should Start Monthly Payments

For one to be allocated a house, they must first pay a deposit, depending on the type of housing unit they desire, whether it is affordable, social, or market-rate units...

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The State Department for Housing and Urban Development has clarified when Kenyans enrolled in the Affordable Housing Programme through Boma Yangu should begin their monthly housing payments.

Monthly payments do not commence immediately upon receiving an offer letter; they begin after unit allocation and occupation.
Applicants can voluntarily continue saving towards their homes if financially able, but it is not mandatory.
A deposit is required to receive an offer letter: 5% for social housing units and 10% for affordable units.

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