Real estate developer Mi Vida Homes has handed over, 200 affordable green housing units to private equity-backed International Housing Solutions (IHS) Kenya at its 237 Garden City project, in a deal that will bolster Nairobi’s push to plug its swelling affordable housing gap.
The transaction is part of a broader partnership aimed at delivering sustainable, climate-friendly, affordable housing solutions to scale. This IHS project will be known as Muzi Stawi (Muzi means home in Taita and Stawi means peaceful in Swahili – a peaceful home), and willl be part of the wider Mi Vida’s affordable housing neighbourhood, branded as 237 Garden City, which targets working-class Kenyans priced out of conventional homeownership options.
Mi Vida Chief Executive, Samuel Kariuki, said the firm is scaling up delivery with more than 3,000 affordable units in the pipeline across Nairobi and other urban centers.
“Affordable housing must not mean compromised standards. We are proving that you can deliver modern, green, and well-located homes at accessible price points, said Mr. Kariuki. “Our partnership with IHS Kenya reflects a shared commitment to scalable housing that speaks to the urban Kenyan’s evolving needs.”
Located along the Thika Superhighway within the integrated Garden City precincts, the 237 Garden City development comprises a mix of studio, one- and two-bedroom apartments that have been built using the IFC EDGE tool that enhances green construction technologies that promote energy and water efficiency which bring down overall costs, thereby promoting long term affordability to the residents. Residents will also benefit from the proximity to retail, commercial, and leisure amenities within the larger Garden City master plan.
IHS Kenya Managing Director Kioi Wambaa said the project aligns with the fund’s mission to drive community upliftment through impact-driven housing investments.
“Our investment in Muzi Stawi reflects our ambition to redefine what affordable housing can be,” said Mr. Wambaa. “At IHS Kenya, we are on track to deliver about 3,000 quality, affordable green homes by 2030. Projects such as Muzi Stawi are not just developments, they are a promise to the Kenyan market that affordability and excellence go hand in hand. Partnering with Mi Vida has shown what is possible when timelines are met, standards are upheld, and aspirations are shared. Garden City is an address that embodies modern living, and we are proud to make it accessible to more Kenyans.”
