SWAMIH Fund II (2019): Reviving Stalled Housing Projects in India
The SWAMIH (Special Window for Affordable and Mid-Income Housing) Investment Fund was initiated by the Government of India in November 2019 to resolve the problem of stalled housing projects that were financially viable but were starved of last-mile funding. The fund is supervised by SBICAP Ventures Ltd, the subsidiary of the State Bank of India, and supported by the Ministry of Finance.
