NHC stuck with Sh1.3bn unsold houses

Complete units constructed by the National Housing Corporation as part of the government affordable houses project. 

Photo credit: File | Joseph Kanyi | Nation Media Group

The National Housing Corporation (NHC) is stuck with hundreds of houses valued close to Sh1.3 billion it has been unable to sell, even as the government pumps more through its affordable housing programme.

Latest details reveal that by June last year, the corporation had a stock of unsold houses across different parts of the country, some of which were completed years ago but have not attracted buyers.

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