ADB and India inks USD 177 million loan for state road improvements in Maharashtra

ADB approves $150 million loan for urban poor housing project in Tamil Nadu

ADB approves $150 million loan for urban poor housing project in Tamil Nadu

  • Asian Development Bank has approved a loan of USD 150 million (about Rs 1,095 crore) for a sustainable housing project for the urban poor in Tamil Nadu.
  • The loan amount will be used for constructing housing units in nine different locations and relocation of about 6,000 households vulnerable to natural hazards to safer locations.

Source: economic times

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