Context

The Article 43 of the Kenyan Constitution guarantees every person in Kenya the right to adequate and accessible housing and to reasonable standards of sanitation.

The annual demand for housing is 200,000 urban units and 300,000 rural units. It is expected that the number of units needed over the next 10 years will be 2.9 million, due to population growth and urbanization. By 2050, 50% of the population will live in cities. The current annual production is 50,000 units.

The Vision 2030 adopted by the government strives for “an adequately and decently housed nation in a sustainable environment”. The government’s objective is to see an increase of the annual production of housing units from 35,000 to 200,000 in urban areas.

The Government of Kenya has prioritized affordable housing as one of the Four pillars of development.

Icipe Staff Housing Cooperative (ISHCo) Society Limited seeks empower members own homes and land investments by pooling financial resources, purchasing land, subdividing it and allotting to the members at affordable cost. The Society also seeks to facilitate strategic investment and affordable and customized real estate opportunities for its members.

Our mandate is derived from the Cooperative Society Act No. 12 Cap 490 as amended in the year 2004 and other laws and rules related to the Co-operative Societies.