Report: Housing Development Cost Benchmarking In Kenya

The Housing Development cost benchmarking (HDCB) was conducted by the Centre for Affordable Housing Finance in Africa (CAHF) through the Open Access Initiative. The HDCB is an analytic tool that unpacks the typical total development cost of various types of affordable housing products in great detail. The aim of the analysis is to improve stakeholders’ awareness and understanding of real development cost and the critical cost drivers in the affordable housing development process and enables them to explore strategies and actions to mitigate (or leverage) the effects of these in favour of enhancing affordability.

The intention of the HDCB study is to further the understanding of how the delivery value chain impacts the affordable housing market in Kenya, and how this – in turn – impacts the Kenyan economy and its growth prospects. This understanding allows for the development of strategies that can be implemented to stimulate the housing sector in Kenya and assists in identifying potential areas of investment that can either fill existing gaps within the value chain or assist in reducing the costs of building materials and supporting services in ways that make housing affordable to a larger section of the Kenyan population.

The report can be downloaded below.