Bhubaneswar: The Housing and Urban Development department has approached various departments, including Home, Finance, Agriculture, Panchayati Raj, Health, SC/ST, and Co-operation, to identify vacant and unutilized government buildings and houses to be converted into rental income-generating assets under PMAY-U 2.0 Scheme.
The aim is to utilize these assets to provide affordable rental housing to urban poor, migrants, industrial workers, and working women. The scheme offers two models: Model-1 involves converting existing government-funded vacant buildings into affordable rental housing through Public Private Partnership (PPP) mode or public agencies, while Model-2 involves constructing new rental housing units by private or public entities.
The initial affordable rent will be fixed by local authorities based on a local survey, with a biennial increase of 8%, subject to a maximum of 20% over five years. The project will be funded through PMAY-U 2.0 scheme of MoHUA.
Departments are requested to identify unutilized government buildings and houses in urban areas of Odisha and inform the Odisha Urban Housing and Development Mission (OUHM), the state nodal agency for PMAY-U 2.0 implementation.
