Okomboli Ong’ong’a oversees investment and construction activities across six countries in East Africa for the Pan African Housing Fund. This unique fund focuses on helping expand affordable and middle-income residential housing for families. Ong’ong’a was instrumental in expanding the fund’s scope to include young adults, who make up more than 60% of the population and are in dire need of housing options. His advocacy led to the first large-scale, institutional-grade housing development in Eastern and Central Africa solely focused on housing young adults. Ong’ong’a used his fellowship to lay the groundwork for a rental housing fund, which will create affordable rental and rent-to-own opportunities for young adults who cannot afford typical bank funding, but can afford to pay rent. Specifically, he focused on understanding successful property management techniques, reducing resource intensity, and promoting pro-social behavior. This project has the potential to improve the living standards of 250,000 individuals and provide significant employment in the construction industry.

Organization

Pan African Housing Fund

Title

Fund Partner, Eastern Africa

Areas of Interest

Finance, Investment Strategies & Institutional Funds, Real Estate
  • okomboli ongonga

Program Year

2016

Program

Single Nation/Region Program

Country of Origin

Kenya

Destination Country

United States