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Nairobi County Tenants To Receive Ksh. 224 Million Rent Waiver

By Estate Cloud - over 2 years ago - Kenya

Nairobi County Tenants To Receive Ksh. 224 Million Rent Waiver
The Nairobi County Assembly has announced plans for a one-off waiver on rents worth Ksh. 224 million for tenants living in County controlled residential houses. County Finance Executive Allan Igambi said the process of write off rent arrears owned by tenants in the county rental houses is ongoing in accordance with the Public Finance Management Act of 2012, Section 1589 (a) (c) and Nairobi County Tax Waiver Administration Act of 2013. “The waiver will be written off the county books once the above process is complete as it is now in the final stages,” he said. The County administration has compiled a list of the targeted beneficiaries pending publishing in the official gazette as per Section 6 and 8 of Nairobi City County Tax Waiver Administration Act of 2013. The matter came to the floor of the assembly when a section of MCA’s sought an explanation over the persistent threats of evictions and harassment to tenants over the accrued rental arrears despite a waiver issued by Governor Mike Sonko in Aril last year. The waived amount refers to Ksh. 224 million worth of rent accrued by tenants living in some 16,000 units of Nairobi County housing over a six-year period to April 2019, when the order was given. The County finance chief, however, said the waiver will not include tenants with arrears beginning May 1, 2019. He said County officials would cease the reported harassment when the process is complete. Read; Equity Bank Auctions Property Belonging To Ugandan Developer

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