Mexico City — The Government of Mexico has officially begun construction of the first 186,000 homes as part of the Housing for Wellbeing program, which falls under the ambitious national goal of building 1.1 million homes during the current administration. The plan also includes 1.55 million housing improvement supports and 1 million property titles, benefiting 13.1 million people nationwide.
During her morning press conference, President Claudia Sheinbaum Pardo highlighted that dignified housing is now a constitutional right and reaffirmed her administration’s commitment to making it a reality. She emphasized that this program not only guarantees a basic right but also boosts one of the most economically impactful sectors: construction—projected to generate 9.6 million direct and 14.4 million indirect jobs throughout the six-year term.
Secretary of Agrarian, Territorial and Urban Development (SEDATU), Edna Elena Vega Rangel, reported that in 2025 alone, 128.4 billion pesos will be invested to build 186,000 homes—100,000 by Infonavit and 86,000 by Conavi—along with 300,000 home improvement supports and 120,000 property titles. The projected economic impact for 2025 is 196 billion pesos and over 4 million jobs.
Infonavit Director Octavio Romero Oropeza stated that over 22,000 housing units are already under construction and that this number will surpass 51,000 by the end of May. He also announced debt forgiveness and interest rate reductions for millions of beneficiaries. Meanwhile, FOVISSSTE introduced new credit options, including preferential terms for women, long-serving workers, and easier access to home loans.
Officials from INSUS and Finabien also announced zero-interest credit options and the issuance of property deeds for homes built through this program. With a total investment of 752 billion pesos, the initiative is expected to generate an economic spillover of 1.1 trillion pesos, representing 0.5% of Mexico’s annual GDP.
