G.O. (4D) No. 52, Financial sanction for 46 Affordable Housing in Partnership projects, 2023

What it does

The Housing and Urban Development Department issued G.O. (4D) No. 52 on 20 October 2023 to provide financial sanction of Rs.83,23,00,000 to the Tamil Nadu Urban Habitat Development Board. The money supports development works in 46 Pradhan Mantri Awas Yojana (Urban) Affordable Housing in Partnership projects in Chennai and other districts, with the stated purpose of reducing the burden of beneficiary contributions.

The sanction follows G.O. (4D) No. 08 of the Housing and Urban Development Department, dated 16 February 2023. That earlier order gave administrative sanction for Rs.252,00,00,000 and financial sanction for Rs.83,23,00,000 during the financial year 2022 to 2023. The present funding remains subject to the conditions in that earlier government order.

Who it affects

G.O. (4D) No. 52 primarily affects the Tamil Nadu Urban Habitat Development Board, the Director of Town and Country Planning, and beneficiaries of the 46 identified housing projects. It is an internal funding and implementation measure rather than a general approval for private development or a change to land use rules.

The Tamil Nadu Urban Habitat Development Board had submitted a utilisation certificate for the amount already released and requested Rs.83,23,00,000 for further project development works. The sanction is intended to lower the beneficiary contribution burden in those projects.

Key provisions

G.O. (4D) No. 52 sets the following financial and administrative requirements:

• Rs.83,23,00,000 is sanctioned from the State Infrastructure and Amenities Fund for the 46 projects.
• The Managing Director of the Tamil Nadu Urban Habitat Development Board may draw the amount based on work progress and the utilisation certificate.
• The amount must be credited to the Public Deposit Account of the Tamil Nadu Urban Habitat Development Board under the account specified in the document.
• The Director of Town and Country Planning is authorised to prepare and submit an adjustment entry through the Integrated Financial and Human Resources Management System.
• The Tamil Nadu Urban Habitat Development Board must provide the Director of Town and Country Planning with a copy of the government order and expenditure details for necessary accounting adjustments.
• Separate proposals must be sent when release of funds is required for reducing beneficiary contributions in the 46 projects.
• The Finance Department concurred with the sanction on 16 October 2023.