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{
    "id": 1031658,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1031658/?format=api",
    "text_counter": 80,
    "type": "speech",
    "speaker_name": "c",
    "speaker_title": "",
    "speaker": null,
    "content": "The other intervention we have engaged in is that of affordable housing under the Big Four. My administration’s pilot project at Park Road, Nairobi, is the first beacon on this journey that was delivered ahead of schedule and within budget. We have also concluded the successful incorporation and capitalization of the Kenya Mortgage Refinance Corporation (KMRC). This Corporation, will improve mortgage affordability, increase the number of qualifying borrowers, and result in the expansion of the primary mortgage market and home ownership in Kenya while also deepening the capital markets through large-scale medium to long-term refinance options. I would also like to report that there are also ongoing reforms in the land sector to improve access to land as a factor for development. Towards further promoting and sustaining Kenya’s national development, the National Land Titling Programme continues apace. During My administration and over the last seven years, 4.5 million new titles have been issued since 2013 as compared to the six million titles issued from 1963 to 2013. These are not merely abstract statistics. They represent very real gains for mwanachi and the resolution of longstanding historical land injustices. For example, just last week in Samburu County, only 2,000 group ranches were titled by the preceding administrations, but up to early this month, my Government has issued over 10,000 titles in Samburu County, and by January next year, we are on course to have issued a further 15,000 titles. Hon. Members, just over a month ago, I also issued a further 2,000 titles here in Embakasi Ranching in Nairobi, whose combined values to the owners is approximately Kshs6 billion, in the hands of our people today."
}