Housing project is a scam – UDA Senator
Housing project is a scam – UDA Senator
Housing project is a scam – UDA Senator
Even though Kenyans are contributing 1.5% of their incomes to the Housing Fund, Marsabit Senator Chute Mohamed has cast doubt on the program’s intentions. On Thursday, Chute, who also serves as a member of the Parliamentary Committee on Roads and Housing, addressed on the Assembly floor. According to him, it is incomprehensible that the government is providing land for the project at no cost, but Kenyans must pay a high price for the finished good.
“Speaker, there is a scam going on with affordable housing. “If you look at the government giving land for free, you’ll see that the same government is also giving value-added taxes free, tax-free building materials, and free land transfers,” the speaker stated. “I’m not sure what sort of computations they are doing. You provide someone with free public property owned by the government, and then that person develops properties at a commercial price that is beyond of reach for that person?”
The senator was discussing a petition that Mombasa locals had started raising issues with a project that would provide affordable housing.Chule stated that although the government provided land for the construction of the affordable housing project in Mombasa, it was sold at a premium price when compared to its market worth when it was completed.
“The President should halt all projects billed as affordable housing, if he can hear me. Nothing compares to Affordable. He declared, “These are thieves, crooks, and a planned attempt to steal from this country.” “Why do I think that this agreement is corrupt? Why, then, should the developer receive ninety percent of the proceeds while Kenyan landowners receive only ten percent?” In a posture. When the project finally materialized, the 13 acres of land were the subject of only one bidding.
The senator claims that although the finished affordable housing project in Mombasa is being marketed for Sh90,000 per square, its true market worth is closer to Sh70,000. “In the Great Wall, my friend purchased a 104 square meter house. The total amount he paid for the two maisonettes was Sh3.5 million. Additionally, same land is available for Sh 34,000 per square meter when you divide Sh 3.5 million by 104. Why then should someone inform me that this land will now cost Sh90,000 per square meter after being given away for free?
“I believed in that committee that land that the government had lost to scammers acting on behalf of developers had been taken.” I’ll tell you what, after ten years, there won’t be any land left for Kenyans to use because all the land the government was meant to develop will have been taken over by con artists posing as developers,” he declared.
