Introduction: Kenya, the largest economy in the East African Community, stands as a promising investment destination with its strategic location, vibrant capital markets, political stability, and a dynamic private sector. In recent years, the Kenyan government has recognized the crucial role of affordable housing in improving living standards and driving economic growth. However, the country faces significant challenges in bridging its housing finance gap and providing affordable housing to its growing population. The Housing Challenge in Kenya: Housing is a fundamental aspect of a nation’s development, affecting the well-being of its citizens and the overall economy. In Kenya, the pressing need for improved housing conditions is apparent across all counties, particularly in urban areas marked by substandard housing, overcrowding, and informal settlements. Millions of Kenyans live in inadequate temporary shelters or low-quality housing, adversely impacting their lives. Housing Finance’s Vital Role: Housing finance plays a pivotal role in determining the availability, affordability, and quality of housing in Kenya. The cost of financing significantly influences the final cost of housing for consumers, making it imperative to align it with property prices and income levels to ensure affordability for a majority of the population.