Finance for Housing Infrastructure

Abstract

In the next 20 years local authorities in Kenya will have to provide urban infrastructure (water, sewer, roads, street lighting) for an estimated 6 million new urban residents. This paper discusses sources of capital finance available to local authorities for these projects. The financing and construction of housing infrastructure is a necessary precondition for the expansion of site and service and all other shelter pr oqz amme s. The author offers solutions to one of the most significant "housing" problems of Kenya's local authori t Les . the acquisition of the initial finance for infrastructure construction.