PMAY-U 2.0, with an investment of ₹ 10 lakh crore, will address the housing needs of one crore families. 

Key features 

• Ministry of Housing and Urban Affairs
• Vision: ‘Housing for All’
• Type:  Centrally Sponsored Scheme except for the ISS component (Central Sector Scheme).
• Tenure: Till 2028-29
• Eligibility: Families having no pucca house anywhere in the country and belonging to:
  • Economically Weaker Section (EWS)
  • Low Income Group (LIG)
  • Middle Income Group (MIG)
• Coverage: All statutory towns as per Census 2011 and towns notified subsequently. 
• Key verticals:
  • Beneficiary-Led Construction (BLC): Financial aid for EWS families to build homes on their land (Land rights may be provided by States/UTs to Landless).
  • Affordable Housing in Partnership (AHP): Redeemable Housing Vouchers will be given to EWS families to own houses built through different partnerships. 
  • Affordable Rental Housing (ARH): 2 modes-
    • Converting Government vacant houses into ARH or
    • Construct, Operate and Maintain rental housing by Private/Public agencies
  • Interest Subsidy Scheme (ISS): Subsidised home loans to beneficiaries.
• Technology & Innovation Sub-Mission: To facilitate adoption of modern, innovative and green technologies
• Other 
  • Technology Innovation Grant (TIG)
  • Affordable Housing Policy by States/UTs.
  • Facilitating equity by special focus on vulnerable groups.