Increasing Supply
of Affordable Housing
within Tamil Nadu
through Shelter Fund
Shelter Fund
Tamil Nadu Shelter Fund (TNSF) is an Indian Social ‘Impact’ Private Equity (PE) fund specializing in Affordable Housing projects. Guided by World Bank and ADB policies, the fund invests in Private and Public-Private Partnership (PPP) projects within Tamil Nadu.
Investment Focus
TNSF invests in affordable housing projects, encompassing ownership and rental models, with the goal of benefiting economically weaker sections, lower income groups and vulnerable segments of the population through:
- Affordable ownership housing
- Rental housing for industrial workers
- Senior living and inclusive living
- Working women's hostels
- Co-living spaces
- Student hostels
Key Differentiators
Smart Investment
TNSF invests strategically in projects by sharing risks with developers through equity, Debt or Hybrid instruments.
Transparency assured
The investment process is clear and transparent, fostering trust.
Green and Social Focus
TNSF's expertise ensures projects are environmentally and socially responsible.
Win-Win Funding
TNSF offers competitive funding and supports projects that provide benefits to both investors and society.
Evaluation Criteria
TNSF evaluates projects based on the following factors:
- Projects must have sustainable designs and create a positive impact on society.
- Buildings must be certified as green under IFC EDGE, IGBC, GBCI, or equivalent certification.
- Promoters' track record and reputation are taken into account.
- Proximity to social and commercial infrastructure, such as schools, hospitals, and public transport, is considered.
Our Portfolio
Our Investors
Investment Committee
Mr. S. Mahalingam
Former CFO, TCS
Dr. N. Sundaradevan
IAS - Retired
Dr. P. Jayapal
Senior Executive Director, HUDCO (Former)
Reach Out to Us
Interested applicants may send their pitch deck or filled in application form to tnsf@tnifmc.com