Affordable Housing Investment in Kenya

This presentation is about Affordable Housing Investment in Kenya discussing the following area

• Urban Planning, Infrastructure & Policy
• Design & Construction Technology
• Innovative Housing Finance
• Tax Incentives

Annual housing deficit of 150k units across Kenya, fueled by increased urbanization and the lack of affordability housing units on the market

• 22% of Kenyans live in cities, and the urban population is growing at a rate of 4.2% every year.

• It is estimated that the current housing deficit stands at 2 million houses with nearly 61% of urban households living in slums. This deficit continues to rise due to fundamental constraints on both the demand and supply side and is exacerbated by an urbanization rate of 4.2%, equivalent to 0.5 million new city dwellers every year.

• With this level of growth, Kenya requires approximately 200,000 new housing units annually to meet demand, yet only 50,000 homes are built, leaving the housing deficit growing by 150,000 units per year. As a result of this mismatched supply and demand, housing prices have increased by 100% since 2004.

Also Read: Public-Private Partnerships for Investment and Delivery of Affordable Housing