Nairobi, April 29 -- The government has reduced its investment in housing levy collections in Treasury bills, signalling improved absorption of funds in the ongoing construction of State-backed homes for low- and middle-income households, valued at approximately Sh500 billion.

Fresh data from the Economic Survey 2026 shows that absorption of funds from housing levy collections surged to 96.3 percent of the Sh79.03 billion budget in the financial year ended June 2025, compared to 32.6 percent of Sh78.18 billion the previous year.

Actual spending on housing more than tripled to Sh79.03 billion in the year under review, up from Sh25.49 billion in the previous year, the Economic Survey 2026 shows.

The spending on housing projects has climb...