Less than a week ago, the Ministry of Housing, City and Territorythrough the minister of the portfolio, catalina velascoannounced the changes that the housing program that has had the most relevance in recent years will have: My House Now
According to known Portfolio, the draft decree is ready, which stipulates what amounts each family will be able to access due to their score in the Sisbén and changes in the requirements for their application.
Read: Despite less appetite for home buying, prices continue to rise
The first article, which promises to modify article 2.1.1.4.1.2.1. of Decree 1077 of 2015, which dictates the values of the housing subsidy, states that Fonvivienda is the one who assigns the relief to families that meet six selection criteria and that are within the Sisbén IV category.
On urban land, it is necessary that the interested parties are in groups A1 and C7 of Sisbén IV, which may be given up to 30 Current Legal Minimum Wages (SMMLV) at the time of the request, which would be equivalent to this year to $34.8 million.
(Read: Disbursements for home purchases fell 37.3%).
In the case of rurality, these should be classified between A1 and C14 in Sisbén IV for the same amount.
Other categories will be assigned 20 Current Legal Minimum Wages (SMMLV), that is, $23.2 million in 2023. In the case of urban land, they will be groups C8 and D11 of Sisbén IV and on rural land groups C15 and D20 of Sisbén IV.
“Family housing subsidies whose appearance has been requested by credit establishments, solidarity economy entities supervised by the Superintendence of Solidarity Economy or Family Compensation Funds, through the system established for this purpose, will be assigned in accordance with the value indicated in the standard in force at the time of the request, with no subsequent adjustments or increases”, says the draft decree.
This means, that the value delivered to will be the sum of the minimum wages in the year of the request.
Likewise, the people who benefit will be able to access interest rate coverage which will be subject to the fact that the credit for the acquisition or the housing leasing operation is applied in a dwelling that meets the necessary conditions.
(Read: Home sales in the country plummeted 50% during January).
Those requirements requested by the Government refer to, first, being within that parameter of Sisbén IV groups, not owning a home in the national territory, not having been a beneficiary of a family subsidy granted by a Family Compensation Fund (except if this was previously received in the improvement or lease modality), not having been a beneficiary and applied a family housing subsidy given by the Government (except if this was previously received in the improvement or lease modality) or having been beneficiaries of any title, from hedges to interest rates.
Likewise, the people who benefit You will be able to access interest rate coverage that will be subject to the credit for the acquisition or housing leasing operation being applied to a home that meets the necessary conditions.
Those requirements requested by the Government refer to, first, being within that parameter of Sisbén IV groups, not owning a home in the national territory, not having been a beneficiary of a family subsidy granted by a Family Compensation Fund (except if it was previously received as an improvement or lease)not having been a beneficiary and applied a family housing subsidy given by the Government (except if it was previously received as an improvement or lease) or have been beneficiaries in any capacity, of interest rate coverage.
(Read: This Monday the disbursements of the Mi Casa Ya program begin).
In addition, The project indicates that it is necessary to have an approved credit for the acquisition of the housing solution, through a letter of credit.
Those who meet these requirements will enter a list where they will evaluate other aspects and prioritize victims of the internal armed conflict, thes women heads of households from the poorest strata of the population, workers in the informal sector and community mothers for delivery.
It is worth remembering that these financial reliefs will only be delivered to families that will be assigned to projects that do not exceed the value of the Social Interest Housing (VIS)that to date son 150 SMMLV in urban areas and 135 SMMLV in rural areas.
The project, at the close of this edition, was discussed in working groups in which the Colombian Chamber of Construction (Camacol) and the Government participated, seeking to reach consensus to avoid affecting the finances of the builders and to clarify other points regarding reliefs.
Concurrence subsidy with the Savings Banks
A question that worries the construction sector is what will happen to the competition subsidy, with which thousands of families have been able to join the relief granted by the Compensation Funds, which is usually up to 20 SMMLV, with that of Mi Casa Ya with which you obtain between 20 SMMLV and 30 SMMLV, thus obtaining up to 50 SMMLV for your initial fee.
(Read: Housing: rate hike would affect builders and buyers)
Although this draft decree responds to changes in the Mi Casa Ya model, He doesn’t talk about what will happen with that financial relief union and if it’s allowed.
However, one of the requirements indicated by the project has not been a beneficiary of a family subsidy granted by a Family Compensation Fund (except if it was previously received as an improvement or lease).
Now, builders ask for answers to the Ministry of Housing, City and Territory and determine what will be the future of the union of these subsidies.
PAULA ANDREA GALEANO BALAGUERA
Journalist Portfolio