Role of HUDCO
Under PMAY-Urban, HUDCO has been nominated as a Central Nodal Agency
(CNA), along with NHB & SBI, to channelize the subsidy to the beneficiaries
through Prime Lending Institutions (e.g., banks and HFCs), monitor the progress
of the scheme and furnish utilization certificates to the MoHUA under the vertical
of Credit Linked Subsidy Scheme (CLSS). In respect of the other 3 verticals of
PMAY-Urban, the MoHUA has entrusted HUDCO to undertake desk and site
scrutiny in respect of the three verticals viz - In-situ Slum Redevelopment
(ISSR), Affordable Housing in Partnership (AHP) and Beneficiary Led
Construction (New/Enhancement).
Further, HUDCO over the years has contributed towards Housing and Urban
Infrastructure Sectors by way of undertaking various facilitative activities for the
Ministry MoHUA and its Government of India Programs, viz;