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{
    "id": 1377727,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1377727/?format=api",
    "text_counter": 1187,
    "type": "speech",
    "speaker_name": "Molo, UDA",
    "speaker_title": "Hon. Kuria Kimani",
    "speaker": null,
    "content": " On the amendment proposed by Hon. Wamuchomba, let me read verbatim what Clause 36 of the Bill says: The interest rates or administration fee for a loan issued under this Act shall be payable on a reducing balance as follows– (a) For social housing units, up to 3 per cent or an administrative fee of an equivalent; (b) For affordable housing units, up to 3 per cent or an administrative fee of an equivalent amount; and (c) For affordable market housing units, up to 9 per cent or an administrative fee of an equivalent amount. Clause 36 is just about the administrative fee. It has nothing to do with the offtake of affordable housing units."
}