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Ruto Launches Phase 2 of The Buxton Point Affordable Housing Project

Ruto Launches Phase 2 of The Buxton Point Affordable Housing Project Featured

President William Ruto has offficially launched Phase 2 of the Buxton Point affordable housing project and Mzizima project.

Speaking during the launch on Thursday Ruto noted that his affordable housing project will help Kenyans own decent homes.

The president emphasized on the need for implementation of the program saying it will not only help Kenyans get decent houses but also create jobs.

"This is our chance to change and transform our country when it comes to housing. Every Kenyan deserve a decent home " said Rutio.

Ruto said the affordable housing program will be funded by the housing fund adding that all affordable housing projects will work under strict guidelines that will ensure rent is paid under Tenant Purchase Scheme and for all the three strata of social housing, affordable housing and market price housing.

Those under social housing will pay rents ranging from Sh3,000 - Sh5,000, those under affordable housing will pay between Sh5,000 and Sh15,000 and those under market prices will pay as per agreement with the developer.

On his part the GulfCap Real Estate chairman Suleiman Shahbal called on leaders to support the program and stop criticising it.

He further insisted that his main agenda is to ensure that Mombasa residents get decent and affordable houses.

 


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