HIMUDA was
constituted in 2004 by an act of Legislation under Himachal Pradesh
Housing and Urban Development Authority Act, 2004, with objective to
provide for the creation of a Development Authority to plan and
develop land and create infrastructure to meet with the Housing
needs of different income groups and to provide for development
schemes for mobilizing public and private resources for the
promotion of housing colonies and related infrastructure and to
provide for the creation of appropriate Authority and mechanism for
planned development of housing colonies. Actually erstwhile H.P
Housing Board was re-christened as H.P Housing And Urban Development
Authority (HIMUDA).
The main aim of the Authority is the development
of housing colonies at various places of the State under different
housing schemes like Social Housing
Schemes, Self Financing Schemes, Rental Housing Schemes for
HP Govt. employees, Police Personnel etc. by taking loan from
financial institutions like HUDCO, National housing Bank etc. or by
inviting public finances. Authority has also executed prestigious
deposit work projects of different
Departments like Tourism, Urban Development, Education, HIPA ,Social
Justice and Empowerment , Department of sports and Youth Services,
Police , Prison, Health, Animal Husbandry and Fisheries
,Horticulture etc.