Affordable Homes Get Sh21 Billion in Budget Reorganisation

By Bonface Otieno

The housing department is set to receive the lion's share of Sh47.25 billion after the Treasury reorganised its spending plan in favour of President Uhuru Kenyatta's "Big Four" economic plan.

The Supplementary Appropriation Bill No. 2 of 2018 signed into law by President Uhuru Kenyatta on Tuesday authorises the Treasury to release Sh21 billion from the Consolidated Fund to the housing department, the unit which is steering the "affordable homes" project.

This comes just days after the Cabinet passed the affordable homes guidelines last week. Housing is one of the four sectors of focus in Mr Kenyatta's "transformational journey" through the second term which comes to an end in 2022.