Affordable Rental Housing Complexes For Urban Migrants / Poor

• 13 Jul 2020

• Ministry of Housing & Urban Affairs (MoHUA) has initiated an Affordable Rental Housing Complexes (ARHCs) for urban migrants/poor as a sub-scheme under Pradhan MantriAwasYojana (Urban).
• Under the scheme, existing vacant government funded housing complexes will be converted in ARHCs through Concession Agreements for 25 years.
• ARHCs will create new ecosystem in urban areas making housing available at affordable rent close to the place of work.
• Investment under ARHCs is expected to create new job opportunities. ARHCs will cut down unnecessary travel, congestion and pollution.