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How low and middle-income families can afford housing

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A resident of Ndaama village in Athi-river inspects his house after it was demolished by armed goons allegedly hired by a tycoon who claimed the ownership of the land. [Peterson Githaiga, Standard]

A housing finance Credit Guarantee Fund (CGF) that de-risks end-user borrowers, especially the low and middle-income segment, is one of the key opportunities in affordable housing outlined in the 14 edition of the Africa Housing Year Book 2023.

The Year Book prepared by the Centre for Affordable Housing Finance in Africa (CAHF) also cites rent-to-own and alternative credit score models as the other specifics that would benefit low and middle-income homeowners.

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