Housing and Urban Development Corporation Limited (HUDCO) and Ministry of Housing & Urban Poverty Alleviation (MoHUPA) have signed a Memorandum of Understanding for 2016-17. It was signed by Dr. Nandita Chatterjee, Secretary (MoHUPA), and Dr. M. Ravi Kanth (Rtd IAS), Chairman and Managing Director (HUDCO) on July 20, 2016 in the presence of senior officials of MoHUPA and HUDCO.
For 2015-16 HUDCO, HUDCO achieved 'Excellent' level of performance according to MoU parameters.