State cuts housing levy investment in T-Bills as projects pick up

 Complete government affordable units in Bahati Sub-county Nakuru County on June 11, 2025.

Photo credit: Boniface Mwangi | Nation Media Group

The government has reduced its investment in housing levy collections in Treasury bills, signalling improved absorption of funds in the ongoing construction of State-backed homes for low- and middle-income households, valued at approximately Sh500 billion.

Fresh data from the Economic Survey 2026 shows that absorption of funds from housing levy collections surged to 96.3 percent of the Sh79.03 billion budget in the financial year ended June 2025, compared to 32.6 percent of Sh78.18 billion the previous year.

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