Socioeconomic development of Bhutan is guided by the principles of Gross National Happiness (GNH). For Bhutan, poverty headcount ratio at $1.90 a day (2011 purchasing power parity) was 1.5% in 2017. The Bhutan poverty headcount ratio per day at $1.90 and  in 2011 purchasing power parity was 1.5% in 2017. The majority of the households are currently unable to find affordable owned/rental units and estimated , currently rents are more than 30% of the household income. As well as the demographic shifts, there is a huge demand for affordable housing in urban areas of Bhutan. However, the sector is facing challenges like availability of land, high cost of imported building materials, skilled labor, and alternative financing mechanisms especially for the poor. The overall housing cost beyond affordable limits.  According to recent study in Thimphu find out that rent comprises 42% of household income. The proposed project will add affordable housing stock of 1,000 units.