NHB Refinance Scheme (2016): Boosting Affordable Housing Construction in India
The National Housing Bank (NHB), through its Refinance Scheme for Construction Finance for Affordable Housing, aims to enhance the supply of affordable housing across India. This initiative provides concessional refinance support to Primary Lending Institutions (PLIs) like Scheduled Commercial Banks and Housing Finance Companies, enabling them to extend construction finance to agencies engaged in affordable housing projects (NHB, n.d.).
