A highlight of Kenya’s Affordable Housing Act, 2024

A highlight of Kenya’s Affordable Housing Act, 2024

Apr 27, 2024

Recently, His Excellency Dr. William Samoei Ruto, the President of Kenya, assented to the Affordable Housing Bill 2023 on 19th March 2024. The Affordable Housing Act, Act No. 2 of 2024, (the Act) establishes a framework aimed at facilitating the development and accessibility

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Environmental Experts Mull Green Affordable Housing Finance

Environmental Experts Mull Green Affordable Housing Finance

Feb 29, 2024

The Kenya Green Building Society (KGBS) in partnership with Reall organised East Africa’s Inaugural Sustainable and Affordable Housing Workshop centred on unlocking Green Affordable Housing Finance. The exclusive workshop, “A Call to Action: Unlocking Financing Opportunities for green affordable housing for the Kenyan Market” was

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Kenya-National Assembly’s Finance and Housing Committees Conclude Public Input on Affordable Housing Bill

Kenya-National Assembly’s Finance and Housing Committees Conclude Public Input on Affordable Housing Bill

Jan 31, 2024

The joint committees of Finance and Housing in the National Assembly have wrapped up their public engagement phase regarding the contentious Affordable Housing Bill, 2023. Their 12th and final public participation session, held on Tuesday, focused heavily on discussions surrounding alternative funding methods

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Kenya’s High Court Strikes Down Affordable Housing Levy

Kenya’s High Court Strikes Down Affordable Housing Levy

Nov 29, 2023

In a landmark ruling that could have far-reaching implications for Kenya’s tax regime, the High Court has declared unconstitutional a 1.5% levy intended to fund affordable housing. The court’s decision has been widely hailed as a victory for taxpayers and workers, who have

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