SECURITIES and Exchange Board of India (SEBI) gave nod to Tamil Nadu for launching its State Shelter Fund for attracting investments in the affordable housing segment. The fund's name is Tamil Nadu INFRASTRUCTURE Fund. This was announced at an event called 'Innovative and Alternative Finance for BUSINESS and Infrastructure Development in India. It was ORGANIZED by the United Economic Forum (UEF) CHAMBER of Commerce and the World Islamic Economic Forum Foundation (WIEF).