allAfrica.com: Kenya: NHC Commits Sh50m to Benefit Low Cost Housing (Page 1 of 1)
allAfrica.com: Kenya: NHC Commits Sh50m to Benefit Low Cost Housing (Page 1 of 1): "Erastus Rinatangu"
The construction of low cost houses has received a boost with the National Housing Corporation set to shed its high street image by venturing into rural areas and suburban zones.
NHC has announced a Sh50 million initial commitment to finance property or unserviced plots away from major towns where most developers, running away from high land costs around the city, are focusing on.
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The scheme is targeting individuals wishing to own houses in these areas where, apart from affordable land, the building code is not strictly enforced, making construction cheaper.
The construction of low cost houses has received a boost with the National Housing Corporation set to shed its high street image by venturing into rural areas and suburban zones.
NHC has announced a Sh50 million initial commitment to finance property or unserviced plots away from major towns where most developers, running away from high land costs around the city, are focusing on.
GA_googleFillSlot("AllAfrica_Story_Inset");
The scheme is targeting individuals wishing to own houses in these areas where, apart from affordable land, the building code is not strictly enforced, making construction cheaper.