The Government of Mexico reported that the Housing for Wellbeing program has benefited 1,564,000 people through debt reductions, loan forgiveness, and settlements: 149,000 through FOVISSSTE and 1,415,000 through Infonavit.
President Claudia Sheinbaum Pardo highlighted that this program recognizes housing as a right for all Mexicans, with the purpose of guaranteeing dignified homes, close to workplaces, and economically accessible. “We are lowering rates, applying reductions so that people can pay for the homes they acquired in the past, ensuring that housing is no longer an unpayable loan as it was during the neoliberal period,” she emphasized.
The Ministry of Agrarian, Territorial and Urban Development (Sedatu) announced that the six-year housing construction goal was expanded from 1.2 to 1.8 million: 1.2 million by Infonavit, 500,000 by Conavi, and 100,000 by FOVISSSTE, benefiting 6.8 million people. The Federal Mortgage Society (SHF) adds 100,000 loans, representing an investment of one trillion pesos and the creation of more than 14 million direct and indirect jobs.
For housing improvement, the goal increased from 1.5 to 1.8 million loans and supports, with an investment exceeding 92 billion pesos, impacting 5.4 million people. Progress is also being made in the regularization of property deeds, with a goal of one million documents; of these, 196,316 processes have already begun.
Conavi Director Rodrigo Chávez Contreras reported that from August 11 to 23, registration is open for the allocation of the first 20,099 homes in 20 states. Infonavit Director Octavio Romero Oropeza detailed that more than 120,000 homes are already under construction and another 181,000 will begin before December. FOVISSSTE Executive Director Jabnely Maldonado Meza stated that 400,000 loans have been placed and progress continues in the second stage of reductions and settlements, while INSUS reported the delivery of 10,274 deeds and nearly 10,000 more in process.
