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NAIROBI, KENYA: Realising affordable housing in line with the Big Four Agenda could remain a pipe dream, according to a new report.
According to the study, while the Agenda proposes specific financing options for affordable housing developments, it remains vague on financing of social housing. The Big Four Agenda considers provision of social housing from a cost perspective - houses selling for Sh600,000 (one room) and Sh900,000 (two rooms). The housing units are reserved for people earning below Sh15,000. It also refers to housing in informal settlements as social housing.
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