Housing & Urban Development Corporation (HUDCO) has signed a memorandum of understanding (MoU) with National Institute of Urban Affairs (NIUA). Through this non-binding MoU, both parties intend to collaborate for developing programmes of mutual interest on themes related to urban infrastructure & development including infrastructure investment and the company’s Urban Invest Window (UiWIN), organising capacity building programmes, seminars/conferences/workshops and conducting research, monitoring, evaluation, and impact studies. The MoU also aims to explore collaborations with multi-lateral funding agencies and other suitable financing opportunities.
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.
