# Colombian housing legislation and policy developments > Live situation record from CLSTR: https://clstr.news/situations/colombian-housing-legislation-and-policy-developments > Updated: 2026-10-20T16:21:39.000Z. Sources: 6. Developments: 2. Colombia has introduced new legislative measures aimed at expanding housing access for different demographics. The ‘Ley Mi Casa’ law was enacted to assist Colombian citizens living abroad, allowing them to convert savings into property and access financing through the Fondo Nacional del Ahorro without requiring in-person administrative procedures. This law provides priority to female heads of household, families with members with disabilities, and refugees. Concurrently, Bill 455 has been filed in the Chamber of Representatives by the Conservative Party and the Avanza Colombia movement. This proposal targets informal and low-income workers, suggesting a model where monthly rent payments could be converted into mortgage installments for social interest housing. The bill includes subsidies for households earning less than two minimum wages and proposes using Open Finance to evaluate creditworthiness through utility and rent payments, with a goal of assisting 330,000 families by 2030. ## Timeline ### 2026-10-20: Colombia proposes housing bill for informal workers A new bill in Colombia seeks to eliminate down payment requirements for informal workers, allowing them to transition from renting to homeownership using alternative financial evaluations. 4 sources. https://clstr.news/cluster/colombia-proposes-housing-bill-for-informal-workers ### 2026-10-16: Colombia enacts Ley Mi Casa to facilitate housing for citizens abroad Colombia’s new ‘Ley Mi Casa’ law enables citizens living abroad to finance and purchase property through the Fondo Nacional del Ahorro, potentially boosting regional tourism and real estate. 2 sources. https://clstr.news/cluster/colombia-enacts-ley-mi-casa-to-facilitate-housing-for-citizens-abroad --- Cite as: Colombian housing legislation and policy developments. CLSTR, https://clstr.news/situations/colombian-housing-legislation-and-policy-developments