Affordable
Housing is Kenyan government Program offering a solution for providing
good and affordable homes to people with lower and middle incomes. Its goal is
to fill the space between the need for homes and the number available in Kenya.
This portal is a big part of the plan to build 200,000 affordable houses every
year.
How to buy government affordable housing in Kenya?
Start the journey to home ownership in 3 simple steps:
1. Register
Sign up for free! You need an eCitizen account. Use
the Boma
Yangu web portal or *832# USSD to register. Fill in your personal details
and housing preferences to complete your profile. Government agencies will
check your details after registration. Make sure you meet these requirements:
- Be a
Kenyan Citizen
- Be
18 years or older
- Have
a valid National Identity Card
3. Save
To get your account going, just put away at least KSH 200.
Once it’s active, you’re free to save any amount, anytime you want, using the
different payment options available.
You can save using mobile money on any network, credit and
debit cards, or by depositing cash at authorized banks like KCB, NCBA, and Cooperative bank.
Being a registered saver, you can check out all the projects
on Boma
Yangu, pick the ones you like, and add them to your wishlist. When you
choose a specific unit, it will tell you the deposit amount you need to save
for eligibility, which is 10% of the unit’s value.
Remember, you can save as many times as you like—daily,
monthly, etc. There’s no limit to the amount you can save. If you need a
refund, it will follow the housing fund regulations and can be requested
through this portal. Employer contributions will be handled according to the
law and the Kenya Revenue Authority. For individuals, the mandatory
contribution is 3%, capped at KES 2,500 per month.
3. Own
Once the construction projects finish, the process of giving
out the homes will start. If you’re a registered member, we’ll let you know
when this process begins.
You’ll get to pick a home and find out how much you need to
have saved to be eligible. The process of giving out homes will be fair and
open.
Your eligibility depends on different things, like when you
saved enough money, your family situation, and other social factors. If you
don’t get a home the
first time, don’t worry. We’ll put you on a list so you have a better chance
next time. For private projects, we’ll follow the terms and conditions of sale.
In this affordable
housing plan, each Kenyan can only get one home. So, the rule is: one
Kenyan, one home.
Frequently asked questions
- How
to buy government affordable housing in Kenya?
Begin the process of owning your home with just 3 easy
steps:
- Sign up on the Boma Yangu website or use the *832# USSD code.
- Fill in your personal details and housing preferences to complete your profile.
- The government agencies will check and confirm your information after you register.
- How
much do I pay for my Boma?
Most people will pay for around 25 years or 300 months.
For Boma
Yangu, you need to put down 12.5% of the total cost as a deposit. So, if
the unit costs Ksh 2,000,000, the deposit would be Ksh 250,000. Once you’ve
paid the Ksh 250,000, the remaining balance will be Ksh 1,750,000.
- What
are the benefits of My Boma?
This helps people save money for a home and makes it easier
to get mortgages and
join the National Tenant Purchase Scheme online. You can also get a home
through the portal.
- How
is affordable housing levy calculated in Kenya?
The Kenya Revenue Authority will collect the Affordable
Housing Levy. This means employees have to give 1.5% of their total monthly
salary, and employers also have to contribute 1.5% of the employee’s monthly
gross salary.