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.

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