HUDCODr. M Ravi Kanth, Chairman & Managing Director, Housing & Urban Development Corporation (HUDCO) and Dr. V.P. Joy, Central Provident Fund Commissioner, EPFO, signed an MoU in the august presence of Minister, Housing &Urban Poverty Alleviation, UD & I&B, M Venkaiah Naidu and Hon’ble Minister of State (Independent Charge), Labour and Employment BandaruDattatreya for facilitating Housing for All Mission.EPFO Housing Scheme facilitates withdrawal of 90% of Employer /Employee contribution for Housing purpose. Further, dovetailing of CLSS subsidy under Pradhan MantriAwasYojana (Urban) and housing loans through HUDCO Niwas to the EPF subscribers is envisaged. EPF will also facilitate payment of EMI towards housing loan from EPF contribution of member. HUDCO & CBT (EPF) will jointly disseminate information regarding benefits under PMAY (U) – CLSS to EPF members throughout the country.

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