National Housing Bank (NHB) is a lean, officer oriented, professionally managed institution with its headquarters in Delhi and Regional Representative Offices at Mumbai, Hyderabad, Bangalore, Chennai, Kolkata, Lucknow, Ahmedabad, Bhopal, Bhubaneshwar, Patna, Nagpur & Jaipur.
NHB has been established to achieve, inter alia, the following objectives –
a. To promote a sound, healthy, viable and cost effective housing finance system to cater to all segments of the population and to integrate the housing finance system with the overall financial system.
b. To promote a network of dedicated housing finance institutions to adequately serve various regions and different income groups.
c. To augment resources for the sector and channelize them for housing.
d. To make housing credit more affordable.
e. To regulate the activities of housing finance companies based on regulatory and supervisory authority derived under the Act.
f. To encourage augmentation of supply of buildable land and also building materials for housing and to upgrade the housing stock in the country.
g. To encourage public agencies to emerge as facilitators and suppliers of serviced land, for housing.