Summary of the bill.
The bill proposes the gradual shutdown of the National Mortgage Bank (Banco Hipotecario Nacional) and transfer of its housing and financing functions. Those functions would pass to the Ministry of Housing and Land Use Planning (Ministerio de Vivienda y Ordenamiento Territorial) and the Savings Bank (Caja de Ahorros). It also creates a national housing fund directorate, governs housing projects involving private entities, and sets rules for transferring assets, awarding property titles, and addressing staff entitlements during the shutdown.