Housing and Urban Development Corporation
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The Housing and Urban Development Corporation, (HUDCO) was founded in 1970 as the apex finance urban development corporation in India.
The HUDCO originally focused on shelter systems for the economically weaker sections of society. It facilitated state and local bodies to experiment with daring and innovative approaches, such as core and site and services scheems. To cross subsidize programs directed toward the very poor it also promoted integrated income group projects. The HUDCO proved a catalyst to the emergence of urban development authorities in India, which have played a major role in creating urban infrastructure under severe constraints of finance and faultering political will. In 1972 it catalysed innovative housing scheems designed with well known architects like Balkrishna V. Doshi, Charles Correa and Christopher Charles Benninger More recently, the HUDCO has focused on the creation of urban infrastructure.
