A total of nine cities of Chhattisgarh have been selected for funding under Pradhan Mantri Awas Yojana (PMAY) involving total Central assistance of Rs190 crore as on May 18, 2016, officials informed.
As per the latest project details, a total of 11 proposals have been considered by the Central government under PMAY during the aforesaid period.
The houses for EWS have been sanctioned under the ‘Affordable Housing in Partnership’ component of PMAY.
The Central Sanctioning Committee had approved central assistance of Rs190 crore for these 12,670 EWS houses @ Rs1.50 lakhs as per Mission Guidelines. lIG houses will be built under Credit linked Subsidy component of Housing Mission for which Central Nodal Agencies –National Housing Bank and HUDCO (Housing and Urban Development Corporation) have been authorized to provide interest subsidy @ 6.50% on loans up to Rs 6.00 lakhs for each eligible beneficiary for a loan tenure of 15 years.
The Committee also approved release of first installment of Rs76 crore to Chattisgarh Government. State Urban Development Agency is the nodal agency for housing mission while Chattisgarh Housing Board is the implementing agency.
Affordable Housing in Partnership (AHP) is meant only for beneficiaries belonging to EWS under which 35% of the houses proposed to be built shall be reserved for EWS with project size of minimum of 250 houses.
Notably, the Chhattisgarh House Board (CGHB) has also commenced construction of lIG and EWS houses in large numbers under ‘Mukhyamantri Jan Awas Yojana’ in Naya Raipur.
Adding one more feather to its cap, CGHB bagged the National Award for modern Innovation technology on Monday, a government statement informed.
Union Urban Development Minister Venkaiah Naidu gave away the prestigious award to CGHB on the 46th Foundation Day of Housing and Urban Development Corporation (HUDCO) in New Delhi last month.
The award was received by Chhattisgarh Housing Board Chairman Bhupender Singh Sawanni and Commissioner Siddharth Komal Singh Pardeshi.