Kenya announces mortgage scheme for slum dwellers through social housing plan

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Kenya announces mortgage scheme for slum dwellers through social housing plan

STORY: Kenya announces mortgage scheme for slum dwellers through social housing plan DATELINE: Oct. 5, 2022 LENGTH: 0:02:49 LOCATION: Nairobi CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. various of the buildings 2. various of Kenya's president inspecting a construction site 3. SOUNDBITE 1 (English): WILLIAM RUTO, Kenya's President 4. various of the housing scheme 5. SOUNDBITE 2 (English): WILLIAM RUTO, Kenya's President 6. various of audience STORYLINE: Kenyan President William Ruto on Monday announced a mortgage payment scheme that will allow Kenyan slum dwellers to own homes through a social housing programme. The programme offers different kinds of housing units. To live in these units, people pay a certain amount of money as a mortgage instead of rent, which allows them to become homeowners in the end. SOUNDBITE 1 (English): WILLIAM RUTO, Kenya's President "The first priority with this project is to get the people living in Mukuru (slums) to come live here. The 3,000 shillings (about 24.82 USD) they are pa

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