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KMRC targets Kenya’s housing finance gap as Affordable Housing Conference set for August 20

NAIROBI, Kenya, Aug 14-Kenya Mortgage Refinance Company (KMRC) will convene the fifth Kenya Affordable Housing Conference from August 20 to 21, with the focus shifting from simply building more homes…

KMRC, the Kenya Mortgage Refinance Company, is set to host the fifth Kenya Affordable Housing Conference from August 20 to 21 at Lake Naivasha Resort in Nakuru County. The conference aims to address the dual housing challenges in Kenya, namely the shortage of affordable housing units and the financing barriers that prevent many Kenyans from owning homes.

KMRC's CEO, Johnstone Oltetia, highlighted the importance of both addressing the scale of the housing challenge and unlocking inclusive and sustainable housing solutions. The conference will bring together various stakeholders, including government officials, lenders, developers, investors, pension funds, SACCOs, and international experts, to explore financing models that can expand access to homeownership.

Discussions will focus on alternative financing models such as blended finance, development finance, and mortgage liquidity facilities, as well as incorporating sustainability into affordable housing without increasing costs. Technology, data on the residential property market, and land administration reforms will also be key topics of discussion.

Brief written by urgent.news from Capital FM Kenya's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.

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