TAMIL NADU SHELTER FUND

A Category I (Social) Alternate Investment Fund

Tamil Nadu Shelter Fund (TNSF) invests in affordable housing and/or in-situ livelihood infrastructure, and by doing so emancipates vulnerable people and economically weaker sections. It aims to create social impact by reducing the environmental footprint of beneficiaries, improving living conditions and livelihood.

BENEFICIARIES

TNSF will benefit economically weaker sections and vulnerable segments.

SOCIAL IMPACT

The fund manager will draw a base line and monitor the funds' achievement against that, to report return in terms of People and Planet.

QUALITY OF O&M

Not only will the projects be built better, it will also be maintained better over a long term in a sustainable fashion.

ESG

TNSF will ensure that every project reduces the current environmental footprint of beneficiaries, is financially sustainable and improves governance.

MODERATED RETURNS

Core philosophy is to cross-subsidise free/below cost housing with higher-cost real estate projects and in-situ.

DIVERSIFICATION

TNSF shall invest in public, private and PPP projects. It will also invest in both ownership and rental assets.