Providing housing for middle-income earners is a major problem in the country. Closer to the capital has been a well-known problem for at least the past two decades. After analyzing the demand for housing among the upper-middle and upper-income earners in urban areas, the UDA has found that housing demand is higher than ever. Therefore, the government has decided to provide 500,000 housing units for middle-income groups within the next 5 years. The main objective of these projects is to break down barriers to accessing housing for middle-income earners and to enable middle-income earners to live in urban areas with easy access to employment destinations.
Based on the above scope, the UDA has initiated several housing programs to achieve the above objective as soon as possible. UDA’s URPCC has launched a housing scheme for public sector employees consisting of 608 housing units, each of which will be eligible for a conditional loan from commercial banks in Sri Lanka worth Rs. 8.5 million. Observing the success of the first attempt, the URPCC has decided to propose to the UDA another housing solution with a reasonable profit. The Government is committed to expanding adequate and affordable housing to achieve inclusive, safe, sustainable, and sustainable urbanization. Accordingly, housing development has been elevated as one of the highest priorities of the Government’s development efforts and the accelerated program for the development of middle-income housing and infrastructure is certainly an important and integral part of this initiative.