the Indian Housing and Urban Development Corporation (HUDCO)

The Indian Housing and Urban Development Corporation (HUDCO) is a government-owned financial institution in India established in 1970. Its primary mission is to promote housing and urban development throughout the country. HUDCO provides long-term loans and financial assistance to various urban development projects, including housing for economically weaker sections and infrastructure improvements. It plays a critical role in facilitating affordable housing and enhancing the quality of urban living, contributing to the overall growth and development of Indian cities. HUDCO also supports various government schemes aimed at improving living conditions for citizens, especially in urban areas.