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Kast Presents Project to Facilitate Access to Housing and Calls on Congress to Support the Initiative

Summary by La Tercera
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.

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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.

·Las Condes, Chile
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Lean Right

"We need a Chile of owners, more than a Chile of tenants," said President José Antonio Kast.

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Kast presented in Cerro Castillo a package of 30 measures. The Fonavi will buy first-rate mortgages and seeks to lower rates in three to four years.

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.

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Emol broke the news on Wednesday, September 9, 2026.
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