{"id":5809,"date":"2026-09-08T07:39:19","date_gmt":"2026-09-08T07:39:19","guid":{"rendered":"https:\/\/livenation254.com\/?p=5809"},"modified":"2026-09-08T07:39:19","modified_gmt":"2026-09-08T07:39:19","slug":"lsk-jsc-incoming-representative-calls-for-housing-levy-overhaul-make-the-ksh72-billion-revolve-before-collecting-more","status":"publish","type":"post","link":"https:\/\/livenation254.com\/?p=5809","title":{"rendered":"LSK JSC Incoming Representative Calls for Housing Levy Overhaul: \u201cMake the KSh72 Billion Revolve Before Collecting More\u201d"},"content":{"rendered":"
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LSK JSC Incoming Representative Calls for Housing Levy Overhaul: \u201cMake the KSh72 Billion Revolve Before Collecting More\u201d<\/strong><\/h1>\n
By Jeff Kizzilah Digital Editor The\u00a0<\/em><\/strong><\/pre>\n
 \"\"<\/a><\/span><\/h1>\n
Ekatarina Handa, the incoming Law Society of Kenya (LSK) representative at the Judicial Service Commission (JSC), has proposed a practical restructuring of Kenya\u2019s Affordable Housing Levy, arguing that the government should focus on making the existing fund revolve before expanding it or collecting more money from Kenyans.<\/span><\/h1>\n<\/blockquote>\n
Handa says the solution to the housing financing challenge is not to increase the levy, borrow more money or make new promises on housing units<\/strong>, but to ensure that the approximately KSh72 billion already accumulated is put to work as a genuinely revolving fund.<\/strong><\/p>\n
She has proposed four key measures.<\/p>\n
1. Publish the Accounts and Freeze New Projects<\/strong><\/h3>\n
Handa wants the Affordable Housing Board to fully exercise its obligations under Section 28 of the Affordable Housing Act by publishing a comprehensive public dashboard showing the status of projects and funds.<\/p>\n
She proposes freezing the launch of new projects until units already marked as complete are titled, sold and their proceeds returned to the Fund.<\/p>\n
\u201cA revolving fund that does not revolve is just a tax,\u201d<\/strong> Handa argues.<\/p><\/blockquote>\n
2. Use the Levy to Unlock Private Capital<\/strong><\/h3>\n
Rather than spending the monthly housing levy directly on construction, Handa proposes placing the funds in a Central Bank escrow arrangement and using them as a first-loss guarantee<\/strong> to reduce investment risk.<\/p>\n
Under her proposal, the approximately KSh72 billion could be used as security to unlock significantly larger financing from pension funds and SACCOs<\/strong>, allowing private capital to finance construction while the State plays the role of guarantor rather than contractor.<\/p>\n
3. Strengthen Legal and Financial Oversight<\/strong><\/h3>\n
Handa is also calling for stronger oversight of the Fund, including amendments to Regulation 5 to bring it fully under the oversight of the Controller of Budget pursuant to Article 228 of the Constitution.<\/p>\n
She further proposes giving the Kenya Revenue Authority stronger enforcement powers under Section 4.<\/p>\n
Her position is that public revenue should operate under clear, transparent and accountable institutional arrangements.<\/p>\n
4. Sell Existing Homes Where Demand Already Exists<\/strong><\/h3>\n
Handa says the government should prioritise Tenant Purchase Schemes for completed housing units in Nakuru, Eldoret, Kisumu and Mavoko<\/strong>, rather than concentrating resources on launching additional greenfield mega-projects.<\/p>\n
She argues that Kenyans are more likely to support the levy when they can see tangible housing benefits within a reasonable timeframe.<\/p>\n
\u201cA Kenyan who can see, occupy and pay for a house in 60 days will defend the levy. A Kenyan who is shown a billboard for five years will challenge it,\u201d<\/strong> she says.<\/p><\/blockquote>\n
Handa maintains that her proposal does not require another tax, a new World Bank loan or an entirely new legal framework.<\/p>\n
Instead, she argues that the government should focus on implementing the existing law, improving transparency, selling completed units and reinvesting the proceeds so that the Fund can continuously finance additional housing.<\/p>\n
\u201cCollect lawfully, account openly, and let the Fund do what its name says \u2014 revolve,\u201d<\/strong> Handa says.<\/p>\n","protected":false},"excerpt":{"rendered":"
LSK JSC Incoming Representative Calls for Housing Levy Overhaul: \u201cMake the KSh72 Billion Revolve Before Collecting More\u201d By Jeff Kizzilah Digital Editor The\u00a0 Ekatarina Handa,… <\/p>\n","protected":false},"author":2,"featured_media":5810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-5809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-updates"],"_links":{"self":[{"href":"https:\/\/livenation254.com\/index.php?rest_route=\/wp\/v2\/posts\/5809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livenation254.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/livenation254.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/livenation254.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/livenation254.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5809"}],"version-history":[{"count":1,"href":"https:\/\/livenation254.com\/index.php?rest_route=\/wp\/v2\/posts\/5809\/revisions"}],"predecessor-version":[{"id":5811,"href":"https:\/\/livenation254.com\/index.php?rest_route=\/wp\/v2\/posts\/5809\/revisions\/5811"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livenation254.com\/index.php?rest_route=\/wp\/v2\/media\/5810"}],"wp:attachment":[{"href":"https:\/\/livenation254.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/livenation254.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/livenation254.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}