Housing subsidy of up to $ 42,000,000 of the Compensation Fund: How to apply and what requirements do you need?

For many Colombians, buying their own housing is an important objective, so they resort to different financing options, such as the benefits offered by their compensation box or savings fund. In this sense, the compensation box provides a superior subsidy to the $ 40,000,000.

Similarly, the National Government has the program my house alreadywith which Colombians could receive a subsidy depending on their classification of the sisbén and other requirements. However, since 2025, inscriptions for new beneficiaries closed, so only people who were already participating to access can receive it.

You may be interested: what you must win for the FNA to lend you $ 80 million for new housing: less than expected

Now, the compensation box offers a subsidy for those who want to buy a house, this is up to 30 current monthly minimum wages in force, which in 2025 is $ 42,705,000.

The amount of the housing subsidy depends on household income, establishing two main ranges for allocation.

It may interest you: What he must win for the FNA to lend $ 80 million for new housing: less than expected

For households whose income does not exceed $ 2,847,000 per month, the subsidy can reach up to $ 42,705,000, providing significant support for housing.

On the other hand, homes with income between $ 2,847,001 and $ 5,694,000 PThey can access a subsidy of up to $ 28,470,000, which also represents an important financial support in the housing acquisition process.

Requirements to apply for the Housing Subsidy of the Compensation Box

According to the Compensar websiteto postulate must meet the following requirements:

• Be affiliated and have the contributions a day.
  • Dependents and pensioners: minimum 3 months of affiliation.
  • Independents and contractors: minimum 12 months of affiliation.
• Form a home, whether a single person or a family group with spouse or children.
• Not be the owner of housing, farm or lot.
• Not having received a housing subsidy previously.
• Have family income of up to 4 minimum wages ($ 5,694,000 in 2024).
• Demonstrate a previous savings of 5% of the value of the social interest housing you want to acquire. It can be in severance, savings accounts, CDT or cooperatives.
• Have a mortgage or housing leasing approved or pre -approved.

There are certain criteria that can Increase the qualification of a home at the time of running for the housing subsidy, granting priority in the allocation of this benefit.

One of these factors is to be home head, either woman or man, indicating that the person assumes the main responsibility of family livelihood.

Also read:

It is also considered as a priority criteria if any household member has a disability. To do this, it is necessary to present the Ccorresponding Ertified issued by the Ministry of Health.

Another factor that can improve the qualification is whether the applicant has 65 years or more, since the need for housing stability at this stage of life is recognized.

Finally, the number of members in the family group also influences the qualification. The greater the number of people in the home, the greater the possibility of receiving priority in the assignment of the subsidy.