Nairobi, 13th April, 2024
The National Land Commission on Monday handed over consent to lease out a parcel of land by the County Government of Homa Bay to the County Pension Fund (CPF) for the development of a new county headquarters through an innovative tenant purchase financing model.
Speaking during the handover ceremony at NLC Headquarters in Nairobi NLC Chairperson Gershom Otachi commended the County Government of Homa Bay for setting the way in ensuring compliance with the law on strategic utilization of land to attract long-term investment.
He said that the consent was in line with the constitutional mandate of the National Land Commission to manage public land on behalf of the National Government and added that the Commission stood ready to facilitate similar transactions for other County Governments.
The National Land Commission is delighted to present to you a Consent to Lease Parcel No. Kanyada/Kanyabala/3537 by the County Government of Homa Bay to the County Pension Fund Registered Trustees. This is in respect to the application made to the NLC by the County Government of Homa Bay vide letter dated 15th April, 2024. The National Land Commission considered the request and made a resolution to issue consent to lease the referenced parcel of land to County Pension Fund Registered Trustees for 31 years with effect from 7th May, 2024, he said.
He also called upon all public bodies to follow the provisions of the law in leasing out land under their custody.
We will continue to partner with national and county governments in securing public land. The institutions and professionals have a major role to play. The Commission will work closely with the County Government and National Government to ensure that planning, survey and allocation process take into considering the effects of similar heavy rains, he said.
On her part Homa Bay Governor, H.E. Gladys Wanga thanked the Commission for processing and issuing the consent within a record time.
This achievement represents a significant landmark for us as a county. We are grateful to the National Land Commission for expediting this process.
We are also proud to partner with CPF Group, which has demonstrated its confidence in our county’s financial standing, said Mrs Wanga.
Commissioners Reginald Okumu, Hon. Kazungu Kambi, Hon. Esther Murugi, Hubbie Hussein Al-Haji, Alister Murimi, CEO Kabale Tache, CPF Group Executive Director Hosea Kili, several Homa Bay County Executive Committee members as well as advisor to Homa Bay Governor Hon. Pricilla Nyokabi among other senior government officials were present during the presentation of the consent at the NLC offices in Nairobi.