30000 Kenyans have been contributing to the Housing Fund- Kuria reveals.
Speaking through the media, Trade cabinet secretary, Moses Kuria highlighted that a section of Kenyans were already in support of President William Ruto’s housing fund scheme.
He stated,”Did you know that 30000 Kenyans have been contributing to the Housing Fund already? They have raised Ksh1.8 billion already.”
Now we have 3 Million salaried workers in Kenya, by the same rule that’s 18 Million jobs. Secede if you want but we must change this nation,” he added.
The Trade cabinet secretary further outlined that he could bring in more investors, who will inject to the scheme and raise up to ksh. 45 Billion.
He stated,”With gearing I can get investors to multiply this to Ksh45 billion of houses which is 25 times and 18,000 houses at a cost of Ksh 2.5 Million. Each house will create 10 jobs. That is 180,000 jobs right there just from a pool of 30,000 voluntary contributors.”
His remarks came after Housing Principal secretary, Hinga explained that 1 Billion will be raised every month if Kenyans agree to contribute towards the housing fund.
He stated,”I have got over 200 investors and all they are asking for is an off-take plan. All they want to know is how they will get their money back. It means I can go out there and call investors and tell them that as long as the law is there, I will be collecting money after three years.”
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