About Us

«Kazakhstan Housing Company» JSC traces its history back to 2000, when the Kazakhstan Mortgage Company was established to develop mortgage lending and long-term financing of housing construction in the country. The company became one of th"e first mortgage institution in the post-Soviet region, whose activities are aimed at implementing state housing policy.

In 2020, Baiterek Development JSC and Housing Construction Guarantee Fund JSC were merged into the Company. Following the reorganization, it became a Single Operator of Housing Construction and in 2021 received a new name — «Kazakhstan Housing Company» JSC.


Mission:To provide the population of Kazakhstan with affordable and high-quality housing.

Vision: A key development institution in ensuring access to affordable housing for people of Kazakhstan.

Strategic directions of «Kazakhstan Housing Company» JSC activities:

  • Direction 1.Housing Supply Support

Goal: to increase the volume of housing construction by stimulating the private sector and servicing developers.

Tasks:

  • financing of LEBs through bond purchases;
  • providing guarantees for equity participation in housing construction;
  • subsidizing loans to private developers;
  • financing urban development investment projects, individual and low-rise housing construction in the regions;
  • master planning of territories.
  • Direction 2. Housing demand Support

Goal: to improve housing affordability for citizens of Kazakhstan.

Tasks:

  • provision of rental housing;
  • subsidizing mortgage loans;
  • development of market-based mortgage instruments.

Credit ratings

Fitch Ratings

Rating

Scale

Date

BBB/Stable

(long-term)

International (foreign currency)

June 24, 2025

BBB/Stable

(long-term)

International (national currency)

June 24, 2025

F2

(short-term)

International (foreign currency)

June 24, 2025

Moody's Investors Service

Rating

Scale

Date

Baa2/Stable

(long-term)

International (foreign currency)

September 11, 2025

Baa2/Stable

(long-term)

International (national currency)

September 11, 2025