Home States Tamilnadu Bill passed in assembly to provide statutory backing for Shelter Fund

Bill passed in assembly to provide statutory backing for Shelter Fund

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(G.N.S) Dt. 13
Chennai
The Tamil Nadu assembly on Friday passed a bill to provide statutory backing for the ‘State Shelter Fund’ to finance housing projects for the urban poor.
The development comes seven months after a government order was issued by the housing and urban development department to levy and collect shelter charges for (housing) developments to rehabilitate the urban poor on July 21, 2017.
As per the government order, a shelter fee would levied at 75% of the Infrastructure and Amenities (I&A) rates for proposed developments having a FSI area of 3,000 square metres (32,280 square feet) and above. Since January 2008, the state government has collected Rs 3002.98 crore in I&A charges from developers and individual promoters.
Introducing the bill to amend the Tamil Nadu Town and Country Planning Act, 1971, deputy chief minister O Panneerselvam, who holds the housing portfolio, said the projected requirement of affordable housing in urban areas in Tamil Nadu was more than 10 lakh units as per the ‘Housing for All Action Plan’ prepared by the Tamil Nadu Slum Clearance Board.

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