The proposed Naivasha Affordable Housing Unit will target income
earners within the bracket of between Sh15,000 and Sh150,000, governor
Lee Kinyanjui has said.
Speaking in Naivasha during a
‘request for qualification’ forum yesterday, he promised a transparent
and open process in the choice of beneficiaries.
“Once
completed, the beneficiaries of the project will be selected in a free
and fair process, in accordance with the national government
guidelines.”
The scheme on Nairobi-Nakuru highway near GK prisons will generate at least 2,400 housing units.
Mr
Kinyanjui said upon completion, individual borrowers will access
long-term housing loans, leading to a lower monthly repayment with and
improved disposable incomes.
POOR PLANNING
The project will be built on a 55-acre land recently acquired by the devolved unit.
It
will be implemented through a joint venture between the county
government as a minority preferential shareholder by virtue of its land
contribution.
The governor blamed the proliferation of
the informal settlements on poor planning, saying the county was keen on
addressing the anomalies to enhance service delivery.
He
described Naivasha as a fast-growing commercial hub, with a thriving
hospitality industry, agricultural sector and a soon to be established
dry port.
“Other mega projects include the development of the proposed water front and the upcoming Lanet airport,” he added.
He told journalists a slaughterhouse located within the land earmarked for the project will be moved.
The
World Bank is providing the technical assistance to the county, with
lead financial sector specialist Simon Walley hinting at plans to
improve the investment climate.
The Naivasha project is
linked to the Department for International Development’s Urban Economic
Development programme supporting emerging centres in Kenya.
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