{"id":1377727,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1377727/?format=json","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."}