Project Description
This project entails an opportunity for IFC to support the Tamil Nadu Shelter Fund (TNSF), an innovative social housing investment vehicle established by the Government of Tamil Nadu. The initiative will provide technical assistance to strengthen TNSF's market engagement capabilities and identify viable housing sub-projects with private developers. The project work will focus on addressing housing gaps in industrial worker housing and student housing segments where institutional demand can anchor viable projects. Through housing market studies in Tier 2 cities and business development support, the project will help expand affordable housing beyond major metropolitan areas. The initiative complements World Bank Group's existing programs in Tamil Nadu's housing sector and aims to create demonstrable models for private sector participation in affordable housing.