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Starehe to get 6,704 affordable housing units in KES 13 billion deal
The State Department of Housing and Urban Development (SDHUD) has partnered with Gulf Cap Africa Limited to construct 6,704 affordable housing units in Starehe constituency.
The project, which will cost KES 13 billion, is expected to be completed in 36 months.
The ground-breaking ceremony was presided over by President William Ruto on Monday, who hailed the project as the biggest affordable housing initiative undertaken by his administration this year. He said the project aligns with his government’s goal of developing 200,000 housing units annually for low and middle-income earners.
The SDHUD Cabinet Secretary Zacharia Mwangi Njeru said the project will not only provide decent homes for Kenyans but also create stimulus for local development through employment opportunities for the youth and women in the construction industry.
“We estimate that close to KES 500 million of the project value will go towards creating value for the local MSMEs – with at least 50% going towards women. In addition, the project will generate over 10,000 direct and indirect jobs, providing much needed income for our youth” said CS Njeru.
The proposed development will comprise 2,000 social housing units retailing at KES 1.155m, and a total of 4704 one-bedroom, two-bedroom, and three-bedroom units ranging from KES 2.5m to KES 3.5m. The holistic project will be complemented by the construction of social amenities such as swimming pools, food courts, green spaces, LPG and ICT connectivity among other supporting internal infrastructure such as cabro paved driveways.
“Part of the partnership will be the transformation of Starehe and its environs, including the upgrading of the Ziwani dispensary and local schools. This underlines our firm commitment, as a Ministry, to elevate people’s living standards and livelihoods by providing affordable, safe, sustainable and dignified communities,” added CS Njeru.
He also urged developers to take advantage of various incentives offered by his department such as tax exemptions on building materials imported for affordable housing projects.
The SDHUD is mandated to formulate policies and implement programs that promote access to adequate housing for all Kenyans. It is also responsible for developing and managing government housing schemes.
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