The government of Kenya, represented by the Transport, Infrastructure, and Housing Cabinet Secretary Mr. James Macharia, has recently launched Stoni Athi Waterfront City, a close to US$ 178.1M housing project that is set to deliver a total of 10,500 housing units in Athi River, Mavoko, Machakos County.
The project is being developed by the National Housing Corporation (NHC), a statutory body whose primary mandate is to play a principal role in the implementation of the Government’s Housing Policies and Programmes on a 150-acre piece of land lying near the banks of River Athi.
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Features of the Stoni Athi Waterfront City project
The future Stoni Athi Waterfront City is set to have 5,000 units under the affordable housing plan selling for US$ 8,904.47 to US$ 26,713.40 per unit, and another 5,500 units targeting middle- and upper-income households with houses selling between US$ 17,808.93 and US$ 71,235.73. Other features in the development include malls and social amenities such as hospitals, schools, boat riding, playing grounds, and parks for the residents.
According to CS Macharia, the residents of Mavoko municipality will be the first beneficiaries of the Stoni Athi Waterfront City housing project.
NHCs potential in house development
The Transport, Infrastructure, Housing, Urban Development and Public works CS said that NHC has appropriate policies and technical expertise in planning, designing, and implementing housing projects, and the ability to structure financial solutions and enhance the use of innovative structures such as joint ventures and other collaborative enhancements to unlock the housing challenges facing the East African country.
He, therefore, urged the cooperation to rejuvenate itself in order to accomplish a bigger role in achieving one of the government’s Big Four Agenda of providing affordable housing to its citizens.
