On Monday, President William Ruto presided over the continuation of the affordable housing project started by Uhuru Kenyatta.
Ruto did a fresh groundbreaking for a project he criticised so much during his tenure as Uhuru’s deputy.
Speaking while presiding over the groundbreaking housing project on Monday, Ruto said the government was committed to ensuring Kenyans become homeowners through the mortgage plan.
The president promised that the rent Mukuru kwa Njenga residents pay would be used as mortgage in the housing project.
“The Sh 3000 they are paying rent as rent, they will come here and pay as mortgage. After 20 years, the houses will belong to them,” said Ruto.
At the same time, Ruto has urged legislators to support the Housing Fund bill so that millions of families can own homes.
“I am confident that our parliament will work with us so that we can do the right thing and provide the financial infrastructure: from construction to mortgage to support those living in informal settlements,” he said.
Ruto was accompanied by Cabinet Secretaries James Macharia (Transport), Simon Chelugui (Labour) Farida Karoney (Land), Housing Principal Secretary Charles Hinga, Nairobi Deputy Governor Njoroge Muchiri, MPs Esther Passaris (Nairobi Woman Rep), Felix Odiwuor (Langata), James Gakuya (Embakasi North) and Benjamin Gathiru (Embakasi Central), Mwafrika Augustine (Roysambu) among others.
Bedsitters – Sh4,000; 1 Bedroom – Sh5,000; 2 Bedroom – Sh6,500