Question

The Low income housing construction funding is provided by __________

(a) National Governments

(b) State Governments

(c) World Bank

(d) National Governments, State Governments and World Bank

I have been asked this question in examination.

Question is taken from Planning topic in section Village Housing of Civil Engineering Drawing

Answer 1

The correct option is (d) National Governments, State Governments and World Bank

The best I can explain: Bharat Nirman is targeting clean water, the Jawaharlal Nehru Urban Renewal Mission is building public toilets and sewage systems. The private sector, including companies such as Tata, have started to enter the low-income residential projects. In 2013, the Government of India and National Housing Bank borrowed US $100 million to fund their Low Income Housing Finance project. The money will be loaned to low income residents who wish to purchase or renovate a home.