May 23, 2024

Ruto introduces mandatory requirement for Kenyans seeking to affordable houses

2 min read
Ruto introduces mandatory requirement for Kenyans seeking to affordable houses

AG Justin Muturi dismisses calls for his resignation over his directive to KRA on housing levy deductions

Kenyans seeking to buy Ruto’s affordable houses must provide a tax compliance certificate as a mandatory requirement.

Before being assigned the property, Kenyans hoping to purchase homes through the Affordable Housing Program will need to provide proof of tax compliance.

Speaking on Spice FM on Thursday, Molo MP and Kimani Kuria, the chair of the National Assembly Finance Committee, said that the condition was added to the amended Affordable Housing Bill, which is scheduled for Senate discussion.

He clarified that the goal of the new criteria was to guarantee that the program will only benefit Kenyans who make contributions to the Housing Fund.

This follows the decision to include those who are in the informal sector in the 1.5 percent Housing Levy plan.

Previously, Kenyans were only required to present their Kenya Revenue Authority (KRA) Personal Identification Numbers (PINs) and have an ID before buying a unit.

“If you are buying it (the house), you certainly have an income. Therefore, it will be very unfair for someone who is earning Ksh30,000 to pay the 1.5 per cent yet someone else with a similar income doesn’t pay to the Housing Fund but is qualified for a house.

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“We added another qualification that said ‘for you to benefit from the Affordable Housing programme, you must be tax compliant’. There is a need to provide a tax-compliance certificate,” he stated.

The Affordable Housing Bill is set to be debated in the Senate during the week. MPs passed the bill before moving it to the upper house given that certain clauses touched on the county governments.

Notably, other changes that were passed by the National Assembly included the removal of the 10 percent deposit rule.

Following the changes, the government is set to draft new guidelines that will be used to determine the deposits for the houses. 

It is expected that President William Ruto will ascent to the Bill early in March before the 1.5 percent monthly deductions can be implemented.

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