Bogotá to Enable 25 Hectares for Up to 15,000 Affordable Housing Units

Bogotá's local government announced a mechanism to enable approximately 25 hectares for new real estate projects, potentially yielding up to 15,000 VIS (social interest) housing units. The plan aims to address housing shortages but details on funding and timeline remain unclear. This is a notable urban development initiative with implications for housing supply and construction activity in the capital.