Chapter Eight

Housing

Shelter is one of the basic rights for a decent life. FORD-Kenya will tackle the housing problem in urban and rural areas by:

1. Guaranteeing sufficient loans in the capital market for National Housing Cooperation (NHC) and other private home builders to provide cheap but decent housing in rural and urban areas

2. Revising leases for all business-cum-residential premises in urban areas, demolishing obsolete structures and replacing them with modern high-rise structures

3. Encouraging long-term tenant purchase schemes to enable Kenyans to live in decent houses

4. Giving tax rebates to financial institutions that give ninety five percent (95%) mortgage on a maximum of Kshs.5,000,000.00 to the tenant purchase scheme

5. Encouraging the buildings of cheap and decent houses in informal settlements

6. Enacting a system for equitable distribution and easy acquisition of land

7. Introducing tax exemptions on building materials to make it affordable to ordinary citizens