SUNREF India – NHB, AFD and EU Green Housing Outreach Program promotes the need for green affordable housing in the country
New Delhi [India], Jun 13 (ANI/India PR Distribution): SUNREF (Sustainable Use of Natural Resources and Energy Finance) program Housing India held its 4th regional promotional event in Chennai, Tamil Nadu to highlight the importance of green affordable housing for the main stakeholders of the event. The SUNREF Housing India program was launched by the French Development Agency (AFD) in partnership with the National Housing Bank (NHB) in July 2017 and co-funded by the European Union (EU).
The event brought together representatives from banks, housing finance companies (HFCs), real estate developers, government agencies, green building experts, architects and producers of green materials from southern states. SK Hota, Managing Director of NHB, said, “NHB, since its inception, through its various refinancing and direct financing activities, has endeavored to facilitate the supply of affordable housing finance. Access to affordable finance is as essential as the depth of the financial system. and NHB, through its varied and accessible financial services, has always supported the growth of the housing sector.The SUNREF India program supported by EU, AFD and implemented by NHB is one such program that promotes green affordable housing in the country by supporting local financial institutions to empower them to finance small and medium-sized projects from public and private developers. The program also emphasizes green home awareness. He further highlighted the need to move towards green habitat to make our planet a better place for future generations. »
Speaking about the importance of green building in reducing carbon emissions and achieving sustainability goals, KamillaKristensenRai, Advisor, European Union Delegation to India, said: “The EU, AFD and the NHB have partnered to promote innovation in the housing industry. SUNREF contributes to the partnership by focusing on sustainable and affordable housing and promoting the concept of green housing in the country. The idea is to find solutions that respect and are relevant to the local context. Bruno Bosle, Country Director of AFD, said: “AFD supports the development of affordable ‘green’ housing that responds to environmental and social challenges in India. He focused on the impact of climate change due to the massive construction undertaken for housing.
Vineet Singhal, Managing Director of the Refinancing Operations Department (NHB), delivered the vote of thanks. This story is provided by India PR Distribution. ANI shall in no way be responsible for the content of this article. (ANI/India PR Distribution)
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