10 new projects that could fix housing shortage in Kigali
According to a recent study, the City of Kigali needs 310,000 new housing units by the year 2032, or around 20,700 affordable housing units, annually.
However, less than 1,000 housing units are delivered every year.
By and large, affordable housing is housing deemed affordable to people with a household income at or below the median as rated in an economy by a recognized housing affordability index.
According to UN-Habitat, the United Nations programme for human settlements and sustainable urban development, affordable housing is generally defined as that which is adequate in quality and location and does not cost so much that it prohibits its occupants from meeting other basic living costs or threatens their enjoyments of the basic human rights.
While presenting the status of urbanization issues to the Senate’s Committee on Economic Development and Finance, last week, Merard Mpabwanamaguru, the city’s Vice-Mayor in charge of urbanization and infrastructure, listed 10 projects that are expected to increase affordable houses in the capital.
As noted, the projects run by different investors could help Kigali attain 15,000 housing units by 2024 if they are implemented with speed and efficiency.
Rusororo & Rwamagana project
Mpabwanamaguru said that there is a project dubbed “Rusororo & Rwamagana project” that is expected to construct 1,000 affordable houses in Kigali.
Bwiza Riverside estate project
An investor already started constructing 252 units, under phase one, to be completed before end 2022. The target is to construct more than 2,000 units. The estate, which will be eco-friendly both in terms of materials used and the environmental set up, is being built in Karama, Kigali Sector, in Nyarugenge District.
The price per unit ranges between Rwf16 million and Rwf35 million depending on size and features. By 2026, the investor targets more than 8,000 units and by 2033, 40,000 homes of which 70 per cent will be affordable. Read More…