PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607006

Primary Business Area

Manufacturing, Agribusiness & Services

Disclosure Date

Nov 3, 2025

Country

India

Region

South Asia

IFC Approval Date

Dec 6, 2022

Status

Active

Estimated Total Budget

$142,595.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 5, 2025

Project Estimated Start Date

Jul 1, 2022

Project Estimated End Date

Dec 31, 2025

Client Legal Name

Tamil Nadu Shelter Fund

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.

Development Results

E&S Risks / Impacts and Mitigation