Nairobi, April 23 -- Kenya's affordable housing agenda is a government initiative aimed at addressing the housing deficit. This initiative aligns with the government's broader development goals outlined in its Vision 2030 blueprint.

The key challenges that have been identified as the barriers to delivering this agenda include (i) limited capacity for rapid construction of affordable homes; (ii) lack of guaranteed off-take which undermines property developers' confidence in exiting developments upon completion; and, (iii) limited access to financing options for developers.

The challenge of accessing financing holds true as it is crucial to securing the capital required for real estate development. Amid this challenge, there is a proposal...