O My House Now is one of the Colombian government's main housing programs.

Created to help low and middle-income families acquire their own home.

Through direct down payment subsidies and reductions in mortgage interest rates, thousands of Colombians have already managed to make this dream a reality.

How does Mi Casa Ya work?

The program is coordinated by Ministry of Housing, City and Territory of Colombia and offers two types of benefits:

  • Entry allowance: between 20 and 30 current legal monthly minimum wages (SMMLV), according to the family's classification in the Sisbén IV system.
  • Interest reduction: coverage of 4 to 5 percentage points on the housing finance interest rate, valid for up to 7 years.

Who can apply?

To be eligible for the Mi Casa Ya program, you must meet the following criteria:

  • Be registered in Sisbén IV, between groups A1 and D20.
  • Not owning another residential property in Colombia.
  • Not having benefited from another government housing subsidy.
  • Have approval for housing financing or leasing with an authorized financial institution.
  • Choose a new property classified as VIS (social housing) or VIP (priority housing).

Registration is open!

Attention: the program is with new registrations open for 2025. This is your chance to apply and secure your new home with government support. Places are limited, and many applicants are in the approval process. Don't waste time!

Click here to access the program's official portal and start your registration.

Photo: Google Images

How do you know if you have been approved?

Mi Casa Ya does not publish public lists of beneficiaries for privacy and data protection reasons. However, you can individually check the status of your request through various channels:

  1. With the bank: Contact the institution where you applied for funding and provide your details to check whether the grant has been approved.
  2. With the construction company: If you are buying directly from a housing project, the developer can provide updated information.
  3. By phone: contact the Ministry of Housing at 018000 413664 (601) 3323434 (Bogota).
  4. By email: send a message with your details to atencionciudadano@minvivienda.gov.co, requesting the status of your application.

What do the request statuses mean?

When checking the status of your case, you may receive one of the following responses:

  • Grant allocated: Approved! Your subsidy will be released according to legal procedures.
  • In process: your application is being reviewed.
  • Pending by documentación: Some documents are missing. Check with your financial advisor.
  • In the assigned: Your application was not approved at this stage. But you can try again!

Next steps after being approved

If your grant has been approved, the next steps include:

  1. Signing of the housing financing or leasing contract.
  2. Formalization of the public deed of purchase and sale.
  3. Release of the subsidy to the bank or construction company.
  4. Official delivery of your new home.

Important: the subsidy amount is not given directly to the beneficiary, but rather applied to the financing and down payment of the property.

If it has not yet been approved, what should I do?

  • Check that all your data is correct in Sisbén.
  • Confirm that the chosen property meets the VIS or VIP criteria.
  • Make sure the financing has been properly approved.
  • Follow new approval steps and stay in touch with your financial institution or construction company.

Conclusion

O My House Now is one of the most effective programs for facilitating access to housing in Colombia. If you want to stop renting and secure your own property, this is a real and concrete opportunity. Stay informed, meet the requirements, and actively monitor the status of your application.

Don't miss this opportunity. Sign up today and make your dream of owning your own home come true!

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