HUDCO is committed to supporting the Ministry of Housing and Urban Affairs (MoHUA) in the implementation of PMAY-U 2.0, which was launched on September 17, 2024. PMAY-U 2.0 aims to provide financial assistance to one crore urban poor and middle-class families (EWS/LIG/MIG categories) to construct, purchase, or rent affordable houses in urban areas over five years, starting from September 1, 2024.

HUDCO has been entrusted by MoHUA for desk and/or site scrutiny in respect of Affordable Housing in Partnership (AHP) and Beneficiary Led Construction (BLC) vertical and also designated as one of the Central Nodal Agency under the Interest Subsidy Scheme (ISS) vertical.

Further, for meeting fund requirement of State/ULB/Beneficiary share HUDCO also offers viability gap funding/ loan assistance to meet the requirement beyond the grant available from Government of India.

HUDCO has played an important role in successful implementation of earlier phase of PMAY(U). Under PMAY(U) as on 31.12.2025, HUDCO has funded 17 Nos. of schemes in the 5 states – Chhattisgarh, Uttarakhand, Andhra Pradesh, Telangana & Kerala with total loan assistance of Rs. 43,136 crore covering 30,14,356 dwelling units.