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Why developers are shunning tenant purchase scheme model

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National Housing Corporation (NHC) houses along the Southern bypass between Langata estate and Kibra slums. [File, Standard]

How to foreclose units under the tenant purchase scheme (TPS) is among the regulatory gaps that may discourage developers from maximising this home ownership model.

A detailed analysis by a consortium of players in the housing sector notes that while there are guidelines on how foreclosure is done for units developed by the National Housing Corporation (NHC), there is no clear pathway for the private sector.

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