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Pradhan Mantri Awas Yojana (PMAY) is a credit-linked subsidy scheme by the Government of India to facilitate access to affordable housing for the low and moderate-income residents of the country. It envisaged a target of building 2 crore (20 million) affordable houses by 31 March 2022.
The objective of the department is to formulate and implement a housing policy, to provision quality housing at affordable cost for the poor, encouraging urban development and town planning through inclusion and balanced growth and development of Chennai metropolitan area. [1]
The Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) is a flagship rural housing scheme by the Government of India, aimed at providing "Housing for All" by 2022. The scheme has been extended to 2028-29, with a target to construct an additional 2 crore houses. In 2025, a new survey is being conducted to identify additional eligible rural households.
Affordable housing in Germany, also known as social housing, refers to housing that is subsidized by the government to provide affordable rent to low-income households. Social housing is typically owned by the government or by non-profit organizations and is intended to provide decent, affordable housing for those who cannot afford market-rate ...
In a report published on September 11, Goldman Sachs analyst Vinay Viswanathan shared the bank's forecast for US housing affordability levels in the years to come. As things stand, Viswanathan ...
Homelessness is in part a direct result of families migrating from rural to urban cities and urbanization. [12] Migration to urban areas can occur for a variety of reasons ranging from loss of land, need for sustainable employment, lack of clean water and other resources, and in some cases like the Bargi Dam Project, loss of all property and complete displacement. [13]
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
The Scheme was introduced in FY 1997-98 by Government of Tamil Nadu. [5] By 2001, 145 samathuvapurams were opened across Tamil Nadu. [6] Following the change in the state government in 2001, the scheme was abandoned. In 2006, the scheme was revived after M. Karunanidhi came to power. During his tenure, 95 samathuvapurams were opened state-wide. [6]