As part of the agreement, under UNOPS Social Impact Investment Initiative (S3I), the organization and its partners will seek to attract $647 million worth of investment to deliver at least 100,000 affordable and sustainable homes across the country.
The project will provide significant employment opportunities for local communities nationwide and help alleviate the housing crisis in Kenya.
The agreement is a major milestone in UNOPS commitment to fostering innovative financing for the Sustainable Development Goals (SDGs) and will help the government of Kenya open access to sustainable, affordable and environmentally sound housing for its citizens.
“Thousands of people in Kenya will be able to benefit from sustainable and affordable homes,” said Grete Faremo – Under-Secretary-General and UNOPS Executive Director.
The 100,000 houses are to be constructed using green technologies and energy-efficient solar rooftops, while the implementation work will include local equipment, skills and expertise. The needs of local communities will be a key priority of the project, through the inclusion of public facilities including children’s playgrounds, schools and community halls.
Original source: UNOPS
Published on 24 January 2019
