Boma Yangu Explains Why It Cannot Refund Housing Levy to Kenyans

Author: Timothy CerulloPublished on: April 7, 2026Country: Kenya
PoliticsBusiness & Economy
Boma Yangu Explains Why It Cannot Refund Housing Levy to Kenyans

The Kenyan government stated that the housing levy, deducted at 1.5%, is non-refundable as it is used to finance the construction of affordable housing. The Department of Housing clarified that this levy is not a personal savings plan but a tax aimed at stabilizing housing prices and improving access to decent housing. Contributors benefit from below-market housing prices and affordable financing options.

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