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State slashes housing deposit in affordable homeownership push

The New Mukuru affordable Housing project buildings along Likoni road in the Nairobi Industrial Area on May 23, 2024. [Kanyiri Wahito, Standard]

The government has reduced the deposit required to buy a house under the Affordable Housing Programme (AHP) from 10 per cent to five per cent. This is aimed at making homeownership more accessible for ordinary Kenyans.

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