Among the main measures of the initiative is the creation of the National Housing Fund (FONAVI), aimed at acquiring mortgage loans originating from financial institutions.
Among the main measures of the initiative is the creation of the National Housing Fund (FONAVI), aimed at acquiring mortgage loans originating from financial institutions.
The Capital Market Reform Bill provides for the creation of the FONAVI fund for up to US$2 billion and a 3% state subsidy to complete the housing floor, together with incentives for business investment.