100 acres set aside at Tatu City for gov’t housing project
- According to Stephen Jennings, the founder and CEO of Rendeavour, they have already written a proposal to the government to take part in the housing programme.
- The houses under the government's Affordable Housing Programme will be financed and built by private developers on both private and national and county government land.
One-hundred acres of land have been set aside at Tatu City for development of housing units under the government’s Affordable Housing Programme in the Big 4 Agenda.
According to Stephen Jennings, the founder and CEO of Rendeavour, they have already written a proposal to the government to take part in the housing programme.
“In Phase 2 of Tatu City, we have set aside 100 acres for the development of affordable housing, in support of the Big 4 Agenda. Our contemplation is that about 5,000 affordable housing units will be developed, with the cost ofcompleted units ranging from KES 800,000 to KES 3 million,” said Jennings during the Tatu City groundbreaking ceremony.
“I am pleased to say that we have made a proposal to the Government of Kenya for this development, and I am glad that the Principal Secretary for Housing is here with us. Tatu City would like to engage the ministry on ways to delivery housing within the government’s affordable housing price range.”
The houses under the government’s Affordable Housing Programme will be financed and built by private developers on both private and national and county government land.
The Affordable Housing Programme is intended to ensure that low and middle income households have access to decent and affordable housing units.
In addition to the houses set to be established under the Big 4 Agenda, developers at Tatu City are planning to establish over 5,000 units to suit all incomes.
Karibu Homes will be breaking ground on 1,300 homes at Tatu City, Lifestyle Heights is working on construction of 1,400 two and three-bedroom housing units while Rendeavour is planning its own 2,700-unit development.
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