About 464 housing units are under construction for completion in 2026 and 2027. IHS Kenya managing director Kioi Wambaa during the 2nd Annual International Housing Solutions Kenya Affordable Housing Conference in Nairobi/ HANDOUT IHS Kenya managing director Kioi Wambaa during the 2nd Annual International Housing Solutions Kenya Affordable Housing Conference in Nairobi/ HANDOUT This comes as it intensifies efforts to address the country's widening housing deficit through climate-resilient developments, having already delivered 200 units.
About 464 housing units are under construction for completion in 2026 and 2027, while more than 2,300 additional units are in its development pipeline, reinforcing its position as one of the leading institutional investors in affordable housing across Sub-Saharan Africa.
The announcement was made during the 2nd Annual International Housing Solutions Kenya Affordable Housing Conference in Nairobi, where industry players, financiers, policymakers and investors gathered to explore solutions for scaling affordable housing delivery in the region.
Kenya continues to face a severe housing shortage, with the deficit estimated at more than two million units. Annual demand is projected at between 200,000 and 250,000 homes, yet fewer than 50,000 units are delivered each year, leaving thousands of families unable to access decent and affordable housing which the govenrment is also pushing to adress under its programme.
IHS Kenya managing director Kioi Wambaa said affordable housing investments extend beyond providing shelter and play a critical role in building stronger and more resilient communities. "The delivery of green affordable housing is not simply about constructing buildings; it is about creating opportunities, strengthening communities, and improving quality of life for thousands of families.
Sustainable housing developments have the power to drive economic growth, enhance resilience and provide a foundation for future generations to thrive," said Wambaa. IHS developments incorporate internationally recognised IFC EDGE certification standards aimed at reducing energy and water consumption.
The projects achieve at least 20 per cent resource savings under basic certification and up to 40 per cent under EDGE Advanced certification, helping lower utility costs for residents while attracting impact-focused investors.