KPMG to collect views on massive housing scheme

The affordable housing agenda is part of President Uhuru Kenyatta’s Big 4 Agenda. FILE PHOTO | NMG

What you need to know:

  • KMPG are also conducting due diligence on all government land identified as suitable for the housing projects.

The government has contracted consultancy KPMG to prepare a public participation masterplan for the planned affordable houses to be put up in all counties.

KPMG infrastructure hub Africa head James Woodward said the views will inform the housing models to be designed as well as prices to be set for individual units in each county.

“We have six weeks to go round the country and give a feedback to the government on what Kenyans think about the projects. The teams have visited Nyeri, Kisumu, Nyandarua, Homa Bay, Laikipia and have plans to visit more counties in the coming days,” he said.

Speaking during a built-environment stakeholder forum convened by construction project management firm MML Turner and Townshed in Nairobi, Mr Woodward said KMPG were also conducting due diligence on all government land identified as suitable for the housing projects.

The affordable housing agenda is part of President Uhuru Kenyatta’s Big 4 Agenda.

It aims to improve access to decent and affordable housing within urban areas in the next five years.

The forum called for an urgent downward review of the government-fronted Sh1 million affordable housing units saying needy Kenyans risked being locked out as up to 60 per cent of formal workers earned below Sh15,000. This makes it impossible to afford monthly mortgage payments above Sh5,000 over a 20-year period.

MML projects delivery director Robert Gichohi said private developers could best deliver the ‘affordable’ housing units if the government facilitated provision of offsite infrastructure and land among others.

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