Inside huge cash withdrawals from affordable housing kitty


Boma Yangu new Mukuru housing etate [File-Standard]

The government has clarified reports that contributors to the Affordable Housing Programme (AHP)  have withdrawn about Sh2.56 billion by the end of June this year, which is nearly half of Sh5.47 billion mobilised on its  Boma Yangu platform.

The clarification comes a few days after a local daily reported that the money in refunds had been withdrawn by Kenyans, who had signed up on the platform to save towards owning houses.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.


Continue Reading  →

What you get

  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via

M

PESA

VISA

Airtel Money

Secure Payments

Kenya’s most trusted newsroom since 1902



Source link