The National Housing Corporation (NHC) has launched its latest affordable housing project which is targeted to provide 10,500 homes. The Stoni Athi Waterfront City in Athi River multipurpose houses target low, middle as well as high-income earners.

Stoni Athi Waterfront City houses are being developed on 150-acre land at a cost of Ksh20 billion. The mixed-use development will have residential, commercial, recreational facilities, schools and hospitals.

“Today marks a key milestone in the affordable housing program as we launch the Stoni Athi Waterfront City Project,” said Transport, Infrastructure, Housing, Urban Development and Public Works Cabinet Secretary, Mr James Macharia. “The project will have more than 10,500 homes which will accommodate mixed use developments to fulfil the NHC mandate of housing the nation.”

Stoni Athi Waterfront City project comprises 5,000 affordable housing units costing between Ksh1 million and Ksh3 million per unit, and 5,500 units targeting middle and upper-income households for between Ksh2 million and Ksh8 million a unit.

The project is located near the banks of River Athi and will include malls, hospitals, schools, boat riding, playing grounds, and parks.

Mr Macharia says the government has built more than 186,000 housing units in the past eight years as part of efforts to provide decent and affordable housing for Kenyans. He disclosed that the NHC will also be developing 5,000 housing units in the Konza Techno City.