NHC allocated Sh10bn for affordable housing project

The State Department for Housing and Urban Development has allocate part of the housing levy to the NHC in order that the government may accelerate the construction of affordable houses in the first full year of implementation.

The National Housing Corporation (NHC), the lead implementer of public housing programs, is among the first recipients of the funds generated from the gross monthly earnings of workers at the rate of 1.5 percent, matched by employers.

The Housing and Urban Development department has instructed NHC to start laying the ground to develop affordable units for an initial budget of Sh10 billion.

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