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Tamil Nadu Housing and Habitat Development Project

Abstract*

The objective of the Tamil Nadu Housing and Habitat Development Project for India strengthen the housing sector institutions of Tamil Nadu for increased and sustainable access to affordable housing. The Project has two components. 1. Enabling private sector participation in affordable urban housing provision component will provide equity to Tamil Nadu Shelter Fund (TNSF) for the implementation of affordable housing Subprojects. 2. Strengthening Tamil...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To strengthen the housing sector institutions of Tamil Nadu for increased and sustainable access to affordable housing.

Key Details

Project Details

  • P168590

  • Active

  • Abhijit Ray , Yan Zhang

  • India

  • India

  • December 3, 2018

  • (as of board presentation)

    May 18, 2020

  • July 23, 2020

  • US$ 72.00 million

  • Chennai Metropolitan Development Authority (CMDA),Tamil Nadu Infrastructure Fund Management Corporation Limited,Tamil Nadu Urban and Habitat Development Board

  • South Asia

  • 2020

  • US$ 50.00 million

  • H

  • Not Applicable

  • June 30, 2025

  • Yes

  • BANK APPROVED

  • February 5, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 50.00
Sub-borrower(s) 22.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 50.00
IDA Commitment N/A
IBRD + IDA Commitment 50.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 72.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Oct 19, 2020 IBRD-90940 Int Charges 323.76
Jul 8, 2022 IBRD-90940 Loan Disb 154,008.45
Oct 25, 2021 IBRD-90940 Loan Disb 18,031.25
Oct 15, 2021 IBRD-90940 Int Charges 55,939.79
Oct 15, 2021 IBRD-90940 Int Charges 25,934.71
Jul 27, 2021 IBRD-90940 Loan Disb 20,686.69
Apr 15, 2021 IBRD-90940 Int Charges 4,475.63
Apr 28, 2021 IBRD-90940 Loan Disb 4,232,937.00
May 18, 2020 IBRD-90940 Loan Commitment 50,000,000.00
Apr 15, 2021 IBRD-90940 Int Charges 61,094.53
Feb 2, 2021 IBRD-90940 Loan Disb 12,587.48
Sep 7, 2022 IBRD-90940 Loan Disb 4,521,806.50
Jan 21, 2022 IBRD-90940 Loan Disb 14,504.92
Feb 8, 2022 IBRD-90940 Loan Disb 1,518,570.40
Apr 15, 2022 IBRD-90940 Int Charges 54,528.69
Apr 15, 2022 IBRD-90940 Int Charges 28,153.94
Apr 21, 2022 IBRD-90940 Loan Disb 1,536,943.80
Oct 20, 2022 IBRD-90940 Loan Disb 63,700.02
Oct 15, 2022 IBRD-90940 Int Charges 50,459.48
Oct 15, 2022 IBRD-90940 Int Charges 121,632.90
Apr 15, 2023 IBRD-90940 Int Charges 27,017.69
Apr 15, 2023 IBRD-90940 Int Charges 45,436.56
Apr 15, 2023 IBRD-90940 Int Charges 334,825.90
Apr 15, 2023 IBRD-90940 Int Charges 1,176.90
Jan 17, 2023 IBRD-90940 Loan Disb 87,515.01
Jul 14, 2023 IBRD-90940 Loan Disb 259,216.62
May 23, 2023 IBRD-90940 Loan Disb 227,493.53
Jun 15, 2023 IBRD-90940 Loan Disb 394,630.38
Jan 12, 2024 IBRD-90940 Loan Disb 303,147.80
Oct 15, 2023 IBRD-90940 Int Charges 7,169.99
Oct 15, 2023 IBRD-90940 Int Charges 44,906.52
Oct 15, 2023 IBRD-90940 Int Charges 430,823.66
Oct 18, 2023 IBRD-90940 Loan Disb 366,813.53
Apr 25, 2024 IBRD-90940 Loan Disb 438,919.28
Feb 21, 2024 IBRD-90940 Loan Disb 632,341.50
Apr 15, 2024 IBRD-90940 Int Charges 4,951.25
Apr 15, 2024 IBRD-90940 Int Charges 43,573.44
Apr 15, 2024 IBRD-90940 Int Charges 495,072.90
Apr 15, 2024 IBRD-90940 Loan Repay 378,728.90
Jun 24, 2024 IBRD-90940 Loan Disb 254,203.28
Jul 18, 2024 IBRD-90940 Loan Disb 127,842.18
Dec 23, 2020 IBRD-90940 Loan Disb 1,291,562.90
Jul 23, 2020 IBRD-90940 Loan Disb 125,000.00
Jul 23, 2020 IBRD-90940 Fee Charges 125,000.00
Oct 15, 2020 IBRD-90940 Int Charges 5,626.06
Oct 19, 2020 IBRD-90940 Int Charges 10,726.40

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2025-04-05
Project Management Moderately Satisfactory 2025-04-05
Procurement Moderately Satisfactory 2025-04-05
Financial Management Moderately Satisfactory 2025-04-05
Monitoring and Evaluation Satisfactory 2025-04-05
Overall Implementation Progress (IP) Moderately Satisfactory 2025-04-05

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of units developed through a public-private market solutionValue0.008067.005000.00
    DateFebruary 25, 2020December 29, 2023June 30, 2025
    Comment
  • Proportion of households benefited from TNUHDB’s housing units informed by a demand and needs assessmentValue0.000.0050.00
    DateMarch 1, 2023December 29, 2023June 30, 2025
    Comment
  • Proportion of TNUHDB’s EWS/LIG housing projects adopting the sustainability frameworksValue0.0096.0070.00
    DateFebruary 25, 2020December 29, 2023June 30, 2025
    Comment
  • Proportion of TNUHDB’s EWS/LIG housing projects adopting the Environmental Management FrameworkValue0.00100.0095.00
    DateMarch 1, 2023December 29, 2023June 30, 2025
    Comment
  • Proportion of TNUHDB’s EWS/LIG housing projects adopting the Social Sustainability and Grievance Management FrameworkValue0.0096.0080.00
    DateMarch 1, 2023December 29, 2023June 30, 2025
    Comment
  • Proportion of TNUHDB’s EWS/LIG housing projects adopting the Resilient Urban Design FrameworkValue0.00100.0095.00
    DateMarch 1, 2023December 29, 2023June 30, 2025
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Additional external finance leveraged in TNSF transactions (debt and developer equity) (in millions)Value0.00105.00150.00
    DateFebruary 25, 2020December 29, 2023June 30, 2025
    Comment
  • Number of households benefited from TNUHDB’s pilot diversified, inclusive housing solutionsValue0.000.003360.00
    DateMarch 1, 2023December 29, 2023June 30, 2025
    Comment
  • Proportion of households participating in citizen consultations and/or livelihood related activities as per the SSGMF of TNUHDB, disaggregated by genderValue0.0061.0070.00
    DateFebruary 25, 2020December 29, 2023June 30, 2025
    Comment
  • Number of housing development transactions supported by the TNSFValue0.008.0010.00
    DateFebruary 25, 2020December 29, 2023June 30, 2025
    Comment
  • Share of rental housing as a percentage of TNSF portfolioValue0.0050.0030.00
    DateFebruary 25, 2020December 29, 2023June 30, 2025
    Comment
  • Proportion of EWS housing units owned or co-owned by women (excluding households without an adult female)Value43.0076.0080.00
    DateDecember 31, 2021December 29, 2023June 30, 2025
    Comment
  • Proportion of households in TNUHDB tenements that are part of Resident Welfare Associations (RWAs) participating in operation and maintenance mechanismValue0.0096.0080.00
    DateApril 1, 2022December 29, 2023June 30, 2025
    Comment
  • Proportion of registered grievances resolvedValue40.0096.0070.00
    DateFebruary 25, 2020December 29, 2023June 30, 2025
    Comment
  • Core sectors whose citywide analytics feed into the planning process of CMDAValue0.004.006.00
    DateFebruary 25, 2020December 29, 2023June 30, 2025
    Comment
  • Proportion of identified stakeholders included in consultations for preparation of third Master Plan for ChennaiValue0.0060.00100.00
    DateFebruary 25, 2020December 29, 2023June 30, 2025
    Comment
  • Proportion of housing projects under TNSF that receive green certificationValue0.0087.5075.00
    DateFebruary 25, 2020December 29, 2023June 30, 2025
    Comment
  • Number of sectors integrated into CMDA's geo-spatial information system for improved land use planningValue0.003.005.00
    DateDecember 31, 2020December 29, 2023June 30, 2025
    Comment
  • Proportion of TNUHDB housing projects that are gender auditedValue0.000.0050.00
    Date
    Comment
  • Proportion of households where TNUHDB undertakes livelihood related activities for femalesValue0.000.0040.00
    Date
    Comment