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Security & Public Service

Ongoing

Harmonize Affordable Housing Mortgage

The Kenya kwanza government promised to harmonize affordable housing mortgage (similar to that of the Judiciary and Parliament).

 

 

 

 

  • The Kenya  Mortgage Refinance Company (KMRC), has provided financing to primary mortgage lenders, reducing the mortage rate to a 7-9.9% rate.
  • However, it is noteworthy that the KMRC is a public-private partnership, where the government only has a 25% stake currently.
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Mzalendo is a Kenyan non-partisan Parliamentary monitoring organization whose mission is to “promote the realization of open, inclusive, and accountable Parliaments across Kenya and Africa”.
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