Finance Minister Nirmala Sitharaman in the next part of her speech focuses on housing. Affordable housing deduction extended by one year to FY22. Tax exemption to notified rental housing projects. This government says housing for all and affordable housing as a priority area. The additional deduction of Rs 1.5 Lakh will therefore be available for loans taken up to 31st March 2022 for the purchase of affordable houses. Further, to keep up the supply of affordable houses, FM Nirmala Sitharaman proposes that the affordable housing projects can avail a tax holiday for 1 year. The government is also committed to supporting rental housing for migrant workers. FM Nirmala Sitharaman announces tax exemption for notified affordable rental housing projects.