Residents of Ainamoi constituency, Kericho County have lauded the Government following the launch of the Talai Affordable Housing Project by President William Ruto.
It is the first project under the Affordable Housing Program in Kericho County with the President reiterating the Governments commitment to provide decent and affordable housing to Kenyans across the Country.
Local leaders said the Project will help solve housing deficit in the growing Kericho town and its environs.
The first phase of the project will deliver 320 Affordable Housing units alongside a commercial area, a mixed-use commercial development as well as the expansion of the sewer and water infrastructure.
The State Department for Housing and Urban Development has partnered with Pandaa Enterprises for the development of the housing units, with the developer expected to put up
Eight blocks of apartments comprising 60 Social housing units, 160 Affordable Housing units and 100 Market housing units.
In terms of pricing, the units will be affordable to all Kenyans regardless of their social economic status, with the cheapest priced at Ksh 1,260,000 with monthly tenant purchase payments of Ksh 4,800 while the most expensive will retail at Ksh 5,760,000 with monthly tenant purchase payments of Ksh 41,800.
According to Housing PS Charles Hinga, the project targets to provide direct employment to about 2000 locals as well as over 5000 indirectly.
PS Hinga says the Affordable Housing Program is designed to not only adress the housing crisi in the Country but also to provide employment opportunities to the millions of unemployed youths in line with the Kenya Kwanza manifesto.
He said the Department in partnership with the developer has engaged sensitized approximately 300 Jua Kali artisans on AHP ringfenced materials and how they can benefit.
The artisans have since registered 4 Associations; Kericho Jua Kali, Kericho Jua Kali Dakeza Enterprises, Kericho Jua Kali Artisans and Kericho WETICAM, and are now engaging the contractor on way forward.
County elected leaders called on the residents to sieze the opportunities even as they implored on the developer to ensure 90pc of the workers are locals.
