Give Developers Incentives to build more affordable housing

The Kenya Kwanza government promised to give developers incentives to build more affordable housing.

As at May 2026, there is no evidence that the Kenya Kwanza Government has granted any incentives for developers to build more affordable housing. It is also worth noting that there was an attempt under the Finance Bill, 2024 to repeal the preferential corporate income tax rate of 15% for companies that have constructed at least 400 residential units annually.
Further, the Finance Act of 2025 removed significant tax incentives, resulting in increased costs associated with affordable housing projects.

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This Promise Tracker is an independent civic-accountability tool designed to monitor and document the progress of public commitments made by the Government of Kenya. Information presented on this platform is compiled from publicly available sources including government publications, parliamentary records, policy documents, and credible media reports. The classifications used in this tracker represent an evidence-based assessment by the platform’s researchers and should be understood as analytical judgments rather than official government determinations. While every effort is made to ensure accuracy and regular updates, the status of promises may evolve as new information becomes available. This website is not affiliated with or operated by the Government of Kenya.

Last updated: May 18, 2026 12:20 pm