NATIONAL HOUSING CORPORATION PRESENTATION AT THE KENYA UK

NATIONAL HOUSING CORPORATION PRESENTATION AT THE KENYA UK SACCO AGM ON 8 TH NOVEMBER, 2014 BY ANNE SARUNI NATIONAL HOUSING CORPORATION KENYA

Introduction National Housing Corporation (NHC) is a statutory body established by an Act of Parliament Cap. 117 of the Laws of Kenya. The primary mandate of NHC is to play a principal role in the implementation of the Government’s Housing Polices and Programmes. Sustainable and decent housing for Kenyans 2

Mission and Vision Sustainable and decent housing for Kenyans Mission To efficiently provide and facilitate access to innovative housing solutions Sustainable and decent housing for Kenyans 3

PRODUCTS AND SERVICES ◦ Tenant Purchase Housing Scheme ◦ Rental houses ◦ Houses for direct sale (Mortgage) ◦ Rural and Peri-urban housing loans ◦ Site and service schemes ◦ Undertaking project management ◦ Provision of building plans to Customers Sustainable and decent housing for Kenyans 4

PRODUCTS AND SERVICES cont… ◦ Provisions of Project and Estate management Services ◦ Supervision of Building Construction ◦ Manufacture of EPS panels for Building construction Sustainable and decent housing for Kenyans 5

Why purchase houses from NHC Trust: The Corporation is wholly owned by the Government thus its sustainability is highly certain Experience: NHC has a long history in housing development Proven Record: NHC’s developments are evident Sustainable and decent housing for Kenyans 6

Why purchase houses from NHC cont. . . Direct Bank Transfer: Kenyans abroad can purchase a house while it is under construction by making installment payment through our bank account. Finance: Financiers are readily willing to provide long-term finance for our projects. Sustainable and decent housing for Kenyans 7

Recently completed and sold NHC Projects Project Name Units Madaraka, Nairobi 540 Nairobi West 182 Kakamega 80 Kisii I 40 Langata Phase IV 110 Langata Phase V 125 Sustainable and decent housing for Kenyans 8

1. Madaraka Sectors B, C, D, E Sustainable and decent housing for Kenyans 9

2. Nairobi West Apartments Sustainable and decent housing for Kenyans 10

3. NHC Kakamega Court Apartments Sustainable and decent housing for Kenyans 11

4. NHC Kisii Phase I 12

5. NHC Langata Court Phase IV Sustainable and decent housing for Kenyans 13

NHC’S On going House Projects Project Name Units Langata VI 80 Kisii Phase II 40 TOTAL Provisional Price 2 BR- 6. 0 m 120 2 BR- 4. 0 Sustainable and decent housing for Kenyans 14

NHC’S UPCOMING PROJECTS Project Name Units Provisional Price Kisumu Kanyakwar I 100 2 BR- 4. 8 m 3 BR – 6. 6 m Stoney Athi Phase 1 120 9. 5 – 11 m Stoney Athi Phase II 200 12. 5 -13. 5 m 78 residential 8 Shops 2 restaurants 3. 5 - 5. 5 m 3. 7 - 7 m 12 -13 m 600 1 BR- 3. 4 M 2 BR- 4. 8 m 3 BR – 6. 6 m 36 residential Shops Food court Supermarket Prices to be determined before project commencement Kibera Mixed Development Kisumu Kanyakwar II Langata commercial Sustainable and decent housing for Kenyans 15

NHC’S UPCOMING PROJECTS cont. . . Project Name Units Provisional Price Changamwe 2000 Prices to be determined Meru Mixed Development 60 Residential Commercial space Prices to be determined Nyeri Mixed Development 40 Commercial space Prices to be determined Nakuru Mixed Development 40 Commercial space Prices to be determined TOTAL 3276 Sustainable and decent housing for Kenyans 16

1. Langata MUD / The Mall Cum Residential – Pictorial Sustainable and decent housing for Kenyans 17

2. Langata VI Apartments- Typical Elevation Sustainable and decent housing for Kenyans 18

3. Kisumu Kanyakwar Apartments – Google map Sustainable and decent housing for Kenyans 19

Kisumu Kanyakwar Apartments – Phase I–Sample Elevation Sustainable and decent housing for Kenyans 20

Kisumu Kanyakwar II (600 units) Sustainable and decent housing for Kenyans 21

4. NHC Stoney Athi Court – Google Map Sustainable and decent housing for Kenyans 22

NHC Stoney Athi Court –Unit Type A – Facades Sustainable and decent housing for Kenyans 23

NHC Partnership Project - Sunset Boulevard Apartments Location: Mombasa Road, Athi River Accommodation: 1 br, 2 br & 3 br Prices: 1 br- Kshs. 2. 7 M- 3. 2 M (Avg. 32, 900 USD) 2 br- Kshs. 3. 8 M- 4. 7 M (Avg. 47, 400 USD) 3 br- Kshs. 5. 4 M- 6. 6 M (Avg. 67, 000 USD) Expected rental rates 1 br- Kshs. 18, 000. 00 per month 2 br- Kshs. 25, 000. 00 per month 3 br- Kshs. 32, 000. 00 per month Sustainable and decent housing for Kenyans 24

Features Car free zones Shopping centre Playing Ground Educational centre 24/7 security & Electric fence Swimming pool Natural lighting Lush mature garden Borehole & Water tower Proximity to social & industrial amenities Sustainable and decent housing for Kenyans 25

The Sunset Boulevard project images A decently housed nation 26

Modes of sale The houses shall be sold through: (a) Outright sale - This is where the purchaser pays 20% of the purchase price as a deposit and pay the rest within 90 days from the date the house is ready for sale. (b) Tenant Purchase (TP) – is where the purchaser pays 10% deposit and then pays the balance of purchase price monthly at 13% for 18 years. Sustainable and decent housing for Kenyans 27

POSSIBLE AREAS OF ENGAGEMENT ◦ Consultancy Services – Designs and approvals, project management ◦ Partnership under the Public Private Partnership Act – Kenya Diaspora partnering with NHC in realizing their investment dreams A decently housed nation 28

POSSIBLE AREAS OF ENGAGEMENT cont… ◦ New Technology – Partnering with NHC in introduction of new/innovative building technology (Research and Development) A decently housed nation 29

Q AND A? Sustainable and decent housing for Kenyans 30

THANK YOU Sustainable and decent housing for Kenyans 31