Affordable Rental Housing Complexes Scheme
The Affordable Rental Housing Complexes (ARHC) scheme was announced under the Atmanirbhar Bharat Package. It aims to create sustainable ecosystem of affordable rental housing solutions for migrants and economically vulnerable people in urban areas.
The ARHC aims to provide affordable rental housing that is close to the place of work and with basic civic amenities. It also looks to provide incentives to public and private entities so that they take care of the housing needs of their own workforce and their neighbouring firms. Under module 1 of this scheme, around 88,200 existing government-funded vacant houses will be converted into ARHCs.
Written by IAS POINT