The principal secretary for state department of housing Charles Hinga on Thursday appeared before the finance committee of Parliament, to make a case for affordable housing after he was at pains on Wednesday to explain the same in a press conference.
While addressing the members of Parliament, the PS defended the scheme saying it's good for poor kenyans to get cheap mortgages just like others.
He said employees are going to get too much in the whole of this plan as they will first get double on the first day of saving because employers will also pay a similar amount as theirs.
Two, according to Hinga, the employees will get a discounted house at 60 percent which is highly affordable.
Three, he said the government will be giving affordable housing relief at 15 percent to the contributions made by the employers and employees.
The new development which is not in the finance bill is Meant to give the kenyans saving for a home some reprieve.
However, still there remains questions unanswered regarding the scheme because not all kenyans will qualify for the houses hence the need to make it optional rather than making it mandatory.
Kenyans, trade unions, the opposition led by azimio la umoja one Kenya alliance party leader Raila Odinga, Kenya private sector alliance and the association of manufactures have Rejected the new proposal by the kenya kwanza administration.
On the other hand, the government is keen on pushing it through with Kenya kwanza members of Parliament having been instructed by the president to pass it when it comes for debate in parliament.
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