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{
    "id": 951932,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/951932/?format=api",
    "text_counter": 248,
    "type": "speech",
    "speaker_name": "Kipkelion East, JP",
    "speaker_title": "Hon. Joseph Limo",
    "speaker": {
        "id": 1915,
        "legal_name": "Joseph Kirui Limo",
        "slug": "joseph-kirui-limo"
    },
    "content": "This amendment is on affordable housing scheme which intends to allow investors under the affordable housing scheme to be exempted from provisions of paragraph (j) which restricts the amount of borrowing against revenue reserves which is popularly known as thin capitalisation. It means that when investors are allowed to invest in this affordable housing scheme, they will be excluded from the restriction of borrowing beyond a certain limit on their capital because of the heavy investment which is expected under this scheme."
}