With its consistent successful performance and service to the Nation, HUDCO has
established itself as a premier techno-financing company, was set up in 1970 by
the Government of India to accelerate the pace of housing and urban development
in the country. Apart from the financing operations, HUDCO offers consultancy
services, promotes research and studies and help propagate use of local building
materials, cost-effective and innovative construction technologies.
HUDCO is a unique institution with its motto of "Profitability with Social Justice".
A Public Sector Company, under the Ministry of Housing & Urban Poverty Alleviation
(MoHUPA), HUDCO has been a key partner with the Government in building assets for
the Nation. In its operations, HUDCO lays a considerable emphasis on the housing
need of the 'deprived' i.e Economically Weaker Sections (EWS) and
Low-Income Groups (LIG).
In times of crisis like Earthquakes, Cyclone, Floods, tsunami etc. HUDCO has extensively
contributed in the rehabilitation of the calamity affected households, through its
technical and financial help for housing reconstruction.