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What are housing finance intermediary agencies?

April 26, 2017agencies Finance HOUSING intermediary

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What are housing finance intermediary agencies?

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An illustrative list of Intermediary Agencies is as under: 1. State Sponsored organizations for on-lending to Weaker Sections@ 2. Distributors of agricultural inputs/ implements. 3. State Financial Corporations (SFCs)/ State Industrial Development Corporations (SIDCs) to the extent they provide credit to weaker sections. 4. National Small Industries Corporation (NSIC). 5. Khadi and Village Industries Commission (KVIC) 6. Agencies involved in assisting the decentralized sector. 7. Housing and Urban Development Corporation Ltd. (HUDCO) 8. Housing Finance Companies approved by National Housing Bank (NHB) for refinance. 9. State sponsored organization for SCs/STs (for purchase and supply of inputs to and/or marketing of output of the beneficiaries of these organizations). 10. Micro Finance Institutions/ Non-Government Organizations (NGOs) on lending to SHGs. @ Weaker sections include i. Small and marginal farmers with landholdings of 5 acres and less, and landless labourers, tenant farmers