Reported 12 months ago
With Kenya's urban population comprising a third of the total population of over 50 million, and 70% of urban residents living in informal settlements lacking basic infrastructure, the demand for affordable housing is increasing. The government aims to build 250,000 houses annually to address a housing deficit estimated at 2 million units. Innovative solutions like 3D printing technology are being explored to expedite construction, although financing challenges persist. The housing tax law, levying 1.5% on gross income for affordable housing, faces legal challenges, contributing to recent protests against the government in Kenya.
Source: YAHOO