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Shelter Afrique launches low cost housing project in Athi River – KBC

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Housing financier Shelter Afrique has officially launched 285 low-cost housing units in Athi River. 

The 355 million shillings project is the second phase of a housing project at Riverview Estate, in Athi River and comes at a time when developers are increasingly leveraging on the Governments call for more affordable housing under the Big Four plan.

Housing shortage in Kenya is estimated to be over 1.5 million units. Developers are increasingly responding through various housing projects in order to satisfy demand for affordable housing.

The developments by Shelter Afrique in partnership with Karibu Homes Parktel  now brings the total number of housing units developed by the partnership since 2015 to 569 at a total cost of 667 million shillings.

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Shelter Afrique Managing Director Andrew Chimphondah says there is capacity to meet demand for housing.

As developers race to meet demand, the government’s Boma Yangu portal, a tool which aims to collect data to be used for planning and allocation of the Government’s affordable housing program under the Big Four Agenda, more than 100,000 Kenyans have registered to be considered for the government’s affordable housing units.

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