Skip to content
PREMIUM Kenyans withdraw half of Sh5.4bn from Boma Yangu affordable housing savings Business Just now Listen

PREMIUM Kenyans withdraw half of Sh5.4bn from Boma Yangu affordable housing savings Business Just now Listen

By GhanaSummary NewsroomKenya

Over the last two financial years, the government allocated more than Sh200 billion to the State Department for Housing, mainly to implement the Affordable Housing Programme.

Photo credit: Evans Habil | Nation Media Group The Affordable Housing Regulations, 2025, allow voluntary savers who have not been allocated a unit to withdraw their savings together with accrued interest or profit, less applicable administrative costs.“The audit confirmed that the identified net assets, comprising bank balances, Treasury Bills, accrued investment income and related liabilities, were reconciled and transferred from the National Housing Corporation to the Affordable Housing Board in June and July 2025,” the Auditor-General said.

Share:XFacebookWhatsApp

This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.

Original Sources (1)

More from Kenya