Housing & Urban Development Corporation (HUDCO) has signed a memorandum of understanding (MoU) with IDFC Foundation. Through this non-binding MoU, both parties intend to collaborate on capacity development initiatives for the urban sector in India. The collaboration aims at strengthening technical, financial, and leadership capacities across urban institutions, provide training and technical support for the implementation of national urban programmes/ schemes and the company’s Urban Invest Window (UiWIN). Further, the activities implemented by the parties shall engage wide range of the stakeholders including government and implementing agencies, academic & training Institutions and private sector & civil society.

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.