Affordable housing project: Uhuru speech during launch of Kenya Mortgage Refinance Company

President Uhuru Kenyatta during his madaraka day speech at Narok on saturday. [kipsang joseph, Standard] President Uhuru Kenyatta says his administration is on course to provide 500,000 affordable homes over the next three years. The primary role of the Presidency is the organization and coordination of Government business.

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affordable housing project: Uhuru speech during launch of Kenya Mortgage Refinance Company The Affordable Housing Programme is steadily moving towards full-realization and will benefit millions of Kenyans. In the coming weeks and months, I will be commissioning various Projects under this seminal programme; One such project is being implemented.

Nairobi – President Uhuru Kenyatta says he will launch the first affordable housing project in a week’s time. Speaking during the 55th Jamhuri Day Celebrations held at the Nyayo National Stadium.

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Barack Obama, tackling the fallout from the collapse of the subprime housing market, today outlined major changes. Obama was sharply critical of the mindset that led to the subprime mortgage crisis.

Uhuru’s speech during Jamhuri Day celebrations. The Kenya Mortgage Refinance Company will help to extend the tenure of housing loans from the current average of seven (7) years to at least.

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Kenya has unveiled a mortgage refining facility-kenya mortgage Refinance Company (KMRC), a short in the arm in President Uhuru Kenyatta’s affordable housing scheme under the Big Four Agenda. KMRC will provide long-term funds to primary mortgage lenders in order to increase the availability and affordability of mortgage loans to Kenyans.

Kenya mortgage Refinance Company (KMRC) KMRC’s objective is to help Kenya grow its mortgage finance market for affordable housing by providing medium and long-term liquidity to mortgage lenders. The financier has been incorporated as a Private Limited Company owned by commercial banks and Sacco’s.

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