Plans to launch the civil servants housing scheme fund project in Uasin Gishu County will begin soon.
Assistant Director Ministry of lands, housing and urban development Julius Wairagu, said the affordable housing programme was a nationwide initiative aimed at providing decent, quality, and affordable housing to Kenyans especially in most urban areas.
“The civil servants housing scheme fund, which is a tenant purchase scheme, was established to provide housing loan facilities to civil servants for the purpose of either purchasing or constructing a residential house, developing housing units for sale or rental by civil servants and raising funds for the implementation of the project,” said Wairagu during a sensitization meeting for national government employees in Uasin Gishu county on the scheme.
He said interested members of the public are invited to apply for the houses within their capacity to repay, adding that interested applicants were required to pay at least 10% of the sale price and the balance will be payable on a tenant purchase agreement.
“To date about 600 civil servants have been facilitated with loans to construct or purchase residential houses,” he said.
The benefits of the home ownership scheme to employees are the realization of dreams of home ownership, enhanced lifestyle such as greater community, quality of life, increased job satisfaction, and the possibility of reducing commuting time and investment in a home with possible equity appreciation over time.
By Judy Too and Kiptanui Cherono