It wants to benefit one million Colombians. Minvivienda said that 44% of households live on rent.
The national government launched a new housing project called Semillero de Propiedades, which aims to formalize the rental of housing and to build up a credit history for more than 1 million Colombians.
The initiative was presented by the Minister of Housing, Jonathan Malagón, at the conclusion of the Banking Convention in Cartagena.
The program consists of paying the families who have registered in it a rental agreement during which the government will subsidize a monthly percentage.
"For example, the beneficiary household will contribute $ 300,000 and the government $ 350,000 for a $ 650,000 lease, of which $ 200,000 will be earmarked for the savings the family will have for two years," said the Guajiro Minister.
The savings achieved with this program can be added to the subsidy of the initial contribution of the Mi Casa Ya program, which is up to $ 23 million pesos and will pay the value of the mortgage loan on a monthly basis. Up to 5 points at the rate.
This is how an advantage for tenants and owners is proposed, because informality will be fought, more control over the value of the rental price will be made and the landlord will be guaranteed the monthly payment by the government's support.
"Colombia is a country that has been hired, 44% of the population lives on rent, while this figure in Latin America is between 10% and 20%." With this program we hope to encourage the purchase of housing and financial inclusion in the informal sector, "Malagón said.