The World Bank has approved a $250 million loan to go towards Kenya’s affordable housing plan, whose implementation has faltered after a court issued an injunction against the imposition of a 1.5 per cent housing development levy on workers’ salaries.
The government has focused on the construction of affordable houses as part of President Uhuru Kenyatta’s Big Four Agenda, with plans to construct at least 500,000 low-cost housing by 2022.
