NATIONAL HOUSING CORPORATION

PROPOSED GOK GRANTS PROJECTS

FY 2012-2014
PROJECT

Rural Housing
Loans
Voi Rental
Housing
Eldoret Low Cost
Housing
Kitale Low Cost
Housing
Pumwani III Low
Cost Housing
Machakos
Housing Scheme
Nakuru Housing
Scheme
Total

Amount
No. of Amount
No. Amount No. of
(Kshs.
Units
(Kshs.
of
(Kshs.
Units
Million)
Million) Units Million)
2013/14
2014/15
2015/16
100
200
300
70

50

100

180

70

200

80

200

80

200

80

200

80

120

40

120

40

100

200

80

300

60

0
670

0
240

0
920

0
200

0
1,000

0
220

2.1.2 National Housing Corporation Programmes

Programme Name
Planned
Achieved
Output
Output
Increased Urban Home
Ownership
688 Housing
643 Housing
Complete 688 Ongoing
Units
units completed
Housing Units
Completed
45%
Commence Construction 40% of
Construction
Completion
of 881 Housing Units
Completed
Building Materials
Enhanced
Initiative
Building
capacity

Reason For Variation

The negative variance was due
to the following:
- Contractors
Underperformance.
- Unforeseen Site Conditions

Delays in:
Installation of a reliable
water system.
- Installation of factory
Equipment.

Sources of
Funds
GOK
Equity
Grants
Internally
generated
Funds
Borrowings
Total

Table 3.5 Expenditure Analysis of National Housing Corporation (Kshs. Billions).

Approved Estimates
Actual Receipts
Actual Expenditure
2009/10 2010/11 2011/12 2009/10 2010/11 2011/12 2009/10 2010/11 2011/12
0.25
0.02
1.21

0.9
1.15
3.35

0.00
0.00
2.62

0.25
0.02
2.30

0.9
0.00
2.39

0.00
0.00
2.44

0.25
0.2
2.00

0.9
0.00
3.13

0.00
0.00
2.13

1.00
2.46

1.29
6.69

1.41
4.03

0.65
3.2

0.74
4.03

1.18
3.62

0.00
2.45

0.00
4.03

0.88
3.01