Home counties kenya BOMA YANGU HOUSING LOGIN, REGISTRATION, PORTAL, ACTIVATION AND CONTACTS

BOMA YANGU HOUSING LOGIN, REGISTRATION, PORTAL, ACTIVATION AND CONTACTS

Boma yangu : The government created portal which will allow citizens to register and apply for affordable housing units has gone live.

Bomayangu.go.ke will allow the government to plan the affordable housing program based on needs and data submitted via the portal.

BOMA YANGU REGISTRATION PROCESS

Individuals interested in buying Affordable Houses under AHP will first have to register on the affordable housing portal, either online or on their mobile phones, begin making contributions to the Housing Fund and select their housing preference from the available or upcoming housing stock. Once registered and contributing to the Housing Fund, applicants who qualify will participate in a Regular and Transparent Allocation process for the available houses.

BOMA YANGU APPLICATION REQUIREMENT

All applicants will need to be a citizen of Kenya with a valid national ID number.

HOW WILL BOMA YANGU HOUSING UNITS BE ALLOCATED ?

The houses will be awarded through a fair and transparent system free of any human intervention and contact

Is the allocation system a form of betting?

No, the allocation system is not betting. It is a fair and transparent system that allocates houses to qualified applicants without any human intervention as indicated above. Members will be asked to indicate their preferred location (by county) of a house and will then be provided with information on the type of home they qualify for based on their income, required deposit payments and be provided with information on the projected monthly TPS payments.

Homes will be allocated through a randomised balloting-type allocation system – which means that potential owners will be selected from the waiting list of registered pre-qualified, eligible applicants. Allocation processing will be announced on the Housing Portal and through other communication outlets. Allocation will only be carried out for projects that are going live and will be done upon commencement of the construction.

The weighted pre-qualification criteria will include factors such as income, household status (priority to families), current assets owned, vulnerable groups, accumulated deposit, first come – first serve basis.

With regard to social housing, we will work with settlement executive committees which represent community interests and ensure that those living in the community are beneficiaries. This will entail registration, enumeration and verification of the community members

BOMA YANGU CONTRIBUTIONS

Can I contribute over and above the amounts required under the law?

Yes. Mandatory contributions are capped at KES 2,500 per month per employee and employer. However, voluntary contributions are not capped

BOMA YANGU : Can my spouse and I contribute towards our house?

Yes- spousal and joint contributions can be made towards the ownership of one house at a time although there is still an option to apply for a house individually. Joint contributions increase that couple’s chances to get their house within a shorter time

BOMA YANGU: How soon can I access my contributions?

Contributions to the Housing Fund can be accessed on the sooner of 15 years after a member’s first contribution or the attainment of retirement age.

Can i withdrawal anytime ? No you cannot

CAN THE UNEMPLOYED ACCESS BOMA YANGU HOUSES ?

Yes. However, the applicant will have to prove that they can make their regular monthly loan repayments.

WHAT HAPPENS TO BOMA YANGU HOUSING UNITS IN CASE OF DEATH

In the event of death, the housing unit can be transferred to the registered next of kin

BOMA YANGU HOUSING UNITS COSTS

1. One-bedroom houses will cost Sh600, 000. The buyer is expected to pay Sh2, 500 per month for 25 years.
2. Two-bedroom house will cost Sh1 million. The buyer is expected to pay Sh4, 500 per month for 25 years
3. Three-bedroom house will go for Sh1.4 million, for Sh6, 500 per month for 25 years.