Proof-of-income test for affordable home applicants

A comedian assists in mixing concrete during launch of an affordable housing project at Blue Valley area in Nyeri town on February 16, 2024.

Photo credit: Joseph Kanyi | Nation Media Group

All applicants seeking to purchase units in the State’s affordable housing programme through mortgage financing would be required to present proof of income, the government said in new proposed regulations, a position likely to rattle many Kenyan ‘hustlers’ without regular pay slips.

Proof of income or funds is a document or papers that show a person or entity has the ability and funds available for a specific transaction.

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