Kenya: Govt Says Tax Incentives to Attract Private Sector to Affordable Housing Program

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Head of Public Service Felix Koskei says the government is set to put in place policy reforms to accelerate private sector involvement in affordable housing program through tax incentives and exemptions.

Speaking during the National Housing Corporation 70th Anniversary event held in Nairobi on Monday, Koskei reassured government commitment to address the National housing deficit challenge witnessed in the country caused by rapid urbanization by prioritizing on the implementation of the housing project.

He said the project targets to construct affordable housing units for both low and middle income earners to ensure they have access to good quality houses and other social amenities including schools and health facilities. The Project which is one of the major pet projects by the Kenya Kwanza government is being implemented in 223 high priority sites identified by the government for the construction of the affordable housing units.

 

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