Each family will receive coverage of 52 minimum wages to cover part of their home loan installment.
In the panel ‘The economic agenda for the last year of the Government’ of the Banking Convention that takes place in Cartagena, the Minister of Housing, City and Territory, Jonathan Malagón, announced that there will be a new benefit for households interested in acquiring non-VIS housing that meets sustainability standards and be friendly to the environment.
As explained by the Minister of Housing, the first phase of Ecobertura that will start in early 2022, involves an investment of more than $ 250,000 million and it will translate into financial aid for families who purchase No VIS homes built under certified standards of environmental sustainability.
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“Each family will receive coverage of 52 minimum wages to cover part of their home loan payment for the first seven years. In other words, households that buy in this type of project will benefit from an additional amount of ten minimum wages, if compared to those that acquire a traditional Non-VIS home and who can access a subsidy of 42 minimum wages, “he said. Malagon.
The official added that “For the Government, promoting good environmental practices is an imperative, and a purpose that is aligned with the Sustainable Development Agenda for 2030. For this reason, thanks to an articulated work, between the Ministries of Housing, Finance and the National Planning Department, we give life to the Ecobertura, an initiative that will boost sustainable non-VIS housing in the country ”.
Along the same lines, he said that “those interested in applying for this benefit They must choose the housing project of their interest that complies with friendly standards, apply for the credit before the bank of your preference and express your intention to apply to the Eco-coverage at the time of requesting the mortgage loan and / or housing leasing ”.
“The new project adds to the multiple innovations that have been advanced in the housing sector during the government and promotes the already accelerated rate of grant allocation we’ve seen since the launch in May 2020 of the 200,000 grant strategy within the framework of the Commitment to Colombia, which has already benefited more than 123,000 households with VIS and Non-VIS subsidies in the country, ”said Malagón.
On the other hand, he mentioned that there will be a reduction of the steel tariff from 10% to 5% in order to avoid further increases in the prices of imported inputs.
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“Us we permanently monitor how the prices of inputs evolve and that is why we had alerts for plastic and steel due to international phenomena, which is why we were able to reduce these alerts with trade policy. At the moment, we do not have great tensions of the initiations due to prices ”, he added.
Malagón concluded: “housing prices are regulated, but the VIS housing ceiling, which is a public policy decision will not go up. From now until the end of the Government, it will not be modified in Colombia. It will adjust it to the inflation issue as usual but it will not go up any more ”.