Housing and Urban Development Corporation (HUDCO) has achieved the level of Loan Sanctions of Rs 4094.91 crore and Loan Releases of Rs 3021.66 crore, as on August 31, 2018 for the financial year 2018-19.
HUDCO finances social housing and residential real estate through primarily lending to State Governments and their agencies, which, in turn, extend the finance to or utilise the finance for the ultimate individual beneficiaries.