Housing facilities of marginalized communities are always a matter of concern to the authorities. Therefore, government come up with and implement social security projects for such vulnerable groups. One such project of the Kerala government is the PUNARGEHAM project. It is a project which aims at permanent rehabilitation of families living in the coastline of Kerala. It was considered as a solution to the reeling problem of coastal erosion in the state. This paper attempts to find out the impact of PUNARGEHAM project on the fisher folk community in the selected villages of Alappuzha. This is a descriptive study where 60 samples are collected through simple random sampling method and primary data is collected through structured interview schedule. The study will have practical implications on the execution of PUNARGEHAM project and will contribute to the literature.