The Return of the Housing Levy – In a significant move towards addressing the housing deficit in Kenya, Parliament recently passed legislation to revive the housing levy, a crucial component of the affordable housing program. Moreover, with President William expected to sign the Affordable Housing Bill imminently, Kenyans are urged to prepare for the implementation of this initiative, which promises to revolutionize access to affordable housing across the country.
Housing Levy Contribution
The reintroduction of the housing levy signifies a renewed commitment by the government to tackle the housing crisis and provide viable solutions for its citizens. Furthermore, under the new legislation, both employers and employees will face a 1.5% tax deduction, with contributions set to commence as early as the end of March. This levy will serve as a crucial source of funding for the affordable housing program, facilitating the construction of quality homes at affordable prices.
House Levy Payment Process
To streamline the payment process and enhance efficiency, the government has announced the migration of payments for the Affordable Housing Program to a designated mobile payment platform. In addition, in line with the President’s directive to consolidate government services onto a single digital payment platform, payments will now go through paybill number 222222. This transition, outlined in Gazette Notice No. 16008, underscores the government’s commitment to leveraging technology to improve service delivery and enhance accessibility for all citizens.
Registering on Boma Yangu
For prospective homeowners eager to participate in the Affordable Housing Program, the Boma Yangu website offers a user-friendly platform to apply for housing opportunities. By visiting https://www.bomayangu.go.ke/, individuals can access information about available housing units, eligibility criteria, and application procedures. With the housing levy set to fuel the construction of new homes, now is the opportune time for Kenyans to explore the possibility of securing affordable housing through this innovative program.
Nevertheless, as Kenya embarks on this transformative journey towards addressing the housing challenges facing its populace, collaboration between the government, private sector, and citizens will be paramount. Consequently, by pooling resources and harnessing the collective effort, we can create vibrant communities and ensure that every Kenyan has access to safe, decent, and affordable housing.
Kenya Affordable Houses
In conclusion, the resurgence of the housing levy marks a pivotal moment in Kenya’s quest for affordable housing. With the impending implementation of the Affordable Housing Bill and the migration of payments to a digital platform, the stage is set for tangible progress in addressing the housing needs of our nation. Lastly, let us embrace this opportunity and work together towards building a brighter future for all Kenyans.
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