{"id":31010,"date":"2021-07-07T16:24:06","date_gmt":"2021-07-07T16:24:06","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/?p=31010"},"modified":"2021-07-07T15:05:20","modified_gmt":"2021-07-07T15:05:20","slug":"ps-charles-hinga-govt-to-give-investors-free-land","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/ps-charles-hinga-govt-to-give-investors-free-land","title":{"rendered":"PS Charles Hinga: Govt to Give Investors Free Land"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.net\/kenya\">Kenya<\/a>. <\/strong><\/span>The government is set to offer investors free land in prime areas to develop affordable houses as part of the big four agenda.<\/p>\n<p>The plan was revealed by Housing and Urban Development Principal Secretary Charles Hinga on Monday, July 5.<\/p>\n<p>According to the PS, the government will provide the land and make it a requirement that the private developers don\u2019t charge the cost of the land when selling the houses.<\/p>\n<p>Hinga stated that according to a study conducted 2019, land in Nairobi is the most expensive in Africa, making it extremely difficult to have affordable housing.<\/p>\n<p>\u201cWe are glad to have Tecnofin, a Kenyan developer, occupying the affordable housing space and they have committed to building one floor per week in the Pangani project by employing modern technology,\u201d stated Hinga<\/p>\n<p>The government has also launched housing projects in Mombasa, Kitui and another upcoming one in Changamwe that will have 3,148 units.<\/p>\n<p>\u201cThe developer tells me he has zero appetite for high-end houses since all the units in the affordable housing scheme were sold out within the first 90 days, this is the confidence we want to give the investors,\u201d stated Hinga<\/p>\n<p>He also highlighted that the law has been changed and from September this year, those with pension can withdraw up to 40 per cent of their savings towards a house which is important because there is no need of owning a home when already in retirement.<\/p>\n<p>Nairobi county, acting governor Ann Kamau said that in collaboration with NMS, they have invited developers to express interest in the development of affordable houses and they are being evaluated and they shall soon issue requests for proposals for developers whose bids were satisfactory.<\/p>\n<p>Kenya has also joined 24 other countries in signing a joint declaration that seeks to enhance mechanisms for mass production of decent and affordable housing on the continent.<\/p>\n<p>The pact known as the Yaounde Declaration was issued at pan-African affordable housing firm Shelter Afrique\u2019s 40th annual general meeting staged in Cameroon at the end of June.<\/p>\n<p>Kenya was represented by Transport and Housing Cabinet Secretary James Macharia in the meeting that brought together ministers in charge of housing and urban development in the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Kenya. The government is set to offer investors free land in prime areas to develop affordable houses as part of the big four agenda. The plan was revealed by Housing and Urban Development Principal Secretary Charles Hinga on Monday, July 5. According to the PS, the government will provide the land and make [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":31009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[6857,7003,544],"class_list":["post-31010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>PS Charles Hinga: Govt to Give Investors Free Land - kenya<\/title>\n<meta name=\"description\" content=\"The government is set to offer investors free land in prime areas to develop affordable houses as part of the big four a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/ps-charles-hinga-govt-to-give-investors-free-land\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PS Charles Hinga: Govt to Give Investors Free Land\" \/>\n<meta property=\"og:description\" content=\"The government is set to offer investors free land in prime areas to develop affordable houses as part of the big four a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/ps-charles-hinga-govt-to-give-investors-free-land\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-07T16:24:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/07\/img-60e5c295995c1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/ps-charles-hinga-govt-to-give-investors-free-land#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/ps-charles-hinga-govt-to-give-investors-free-land\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"PS Charles Hinga: Govt to Give Investors Free Land\",\"datePublished\":\"2021-07-07T16:24:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/ps-charles-hinga-govt-to-give-investors-free-land\"},\"wordCount\":373,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/ps-charles-hinga-govt-to-give-investors-free-land#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/07\/img-60e5c295995c1.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Kenya\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/ps-charles-hinga-govt-to-give-investors-free-land#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/ps-charles-hinga-govt-to-give-investors-free-land\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/ps-charles-hinga-govt-to-give-investors-free-land\",\"name\":\"PS Charles Hinga: Govt to Give Investors Free Land - 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