Affordable housing raises Sh536m from first Nairobi project

Affordable housing project on Park Road, Nairobi. FILE PHOTO | NMG

The State has raised Sh536.5 million in deposits from the sale of its 1,370 low-cost houses on Park Road in Nairobi, which feature one, two- and three-bedroom units.

The Park Road project whose construction started in April 2019 is the first low-cost housing development to be completed by the national government under the Big Four’s 500,000-unit Affordable Housing Programme.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.