With its consistent successful performance and service to the Nation, HUDCO has established itself as a premier techno-financing company, was set up in 1970 by the Government of India to accelerate the pace of housing and urban development in the country. Apart from the financing operations, HUDCO offers consultancy services, promotes research and studies and help propagate use of local building materials, cost-effective and innovative construction technologies.

HUDCO is a unique institution with its motto of "Profitability with Social Justice".
A Public Sector Company, under the Ministry of Housing and Urban Affairs (MoHUA), HUDCO has been a key partner with the Government in building assets for the Nation. In its operations, HUDCO lays a considerable emphasis on the housing need of the "deprived" that is Economically Weaker Sections (EWS) and Low-Income Groups (LIG).

In times of crisis like Earthquakes, Cyclone, Floods, tsunami etc., HUDCO has extensively contributed in the rehabilitation of the calamity affected households, through its technical and financial help for housing reconstruction.