Bogotá launches housing renovation subsidy up to $10.5M

Bogotá's 'Mejora tu Cuota' subsidy offers monthly payments of $231,000–$291,000 for three years to support home renovations, totaling up to $10.5 million. The program is a local government initiative aimed at improving housing conditions, but details on eligibility and funding remain limited. This is a routine municipal policy announcement with no immediate market impact.