Low-Income Housing
Tackling the Low-Income Housing Crisis
In Kenya, there is an estimated demand for over 300,000 low-income housing units needed every year (on top of an existing deficit of 2 million units). However to date, developers, builders and the government have largely neglected this formal low-income sector. 50,000 formal residential units are built every year in Kenya, yet a paltry 1,000 units (or 2%) cater to the low-income sector. 56% of Kenya's population live in urban slums, creating a large unmet demand for formal low-income housing. Urban slums are built informally without water, electricity, sewage, toilets, showers and other basic amenities, creating incubators for disease transmission and kindling for fire.
56% of Urban Population Living in Slums
2% of Formal Housing for Low-Income
74% of People Earn $500 or Less / Month
Our Solution
Living Walls Africa works with developers (both small and large) to build low-income housing and commercial units that are clean, safe and harmonized. The supply of formal low-income units within cities and new developments will help curb the development of informal builds that are often unsanitary and unplanned, such as slums and shanty towns. This harmonization will provide developers with the necessary backbone to service every user of the community and also maintain a high level of quality and infrastructure.
How can we achieve this?
Scalability
Working with natural materials, such as straw, timber and other agricultural products ensures that not only will we be able to increase the scale of our construction and development, but also do good for the environment.
Sustainability
In order to achieve our objectives, we have to work with materials that are readily available in the countries that we operate, as long as they are sourced ethically, fairly and transparently.
Renewability
In working with natural materials that are organic and grow naturally, our raw materials for construction and development are truly sustainable and renewable. This is a key aspect of what drives our ability to deliver large-scale projects, year on year, that are cost-effective and managed.
Our aim is to provide low-income earners and youth with their first opportunity to enter into real estate ownership in a safe, sanitary, dignified and affordable manner. This will provide opportunities for people to get on the 'property ladder' and start a path towards investment and financial stability.