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{
    "id": 846684,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/846684/?format=api",
    "text_counter": 211,
    "type": "speech",
    "speaker_name": "Kipipiri, JP",
    "speaker_title": "Hon. Amos Kimunya",
    "speaker": {
        "id": 174,
        "legal_name": "Amos Muhinga Kimunya",
        "slug": "amos-kimunya"
    },
    "content": "There is also Housing Development Fund. This is something that will revolutionise the housing development in this country. We should work towards getting more money. I am glad because there are some proposals to increase it from 0.5 per cent to 1.5 per cent, so long as that money is available to the contributor. Initially, it came here as a levy. However, between the publishing of the Bill, and the Committee meeting and most of the interactions that have been taking place, the National Treasury and the Ministry of Transport, Infrastructure, Housing and Urban Development have seen it fit to convert it from a levy into a Fund. You can access whatever you contribute or even assign it to your relative. For some of us who may not intend to buy affordable housing or are not eligible, we are happy to contribute to a pool of money that will be used to develop houses for Kenyans. However, when I need my money back, I should access it with a return on that investment. There is a social responsibility for all those who can afford and are working to The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}