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Infonavit Expands Housing Fund to 950 Billion Pesos, Targets 200,000 Homes by December

Formalizing contracts for over 100,000 homes, the institute plans to deliver more than 200,000 units by December to advance its low-income housing expansion.

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Overview

  • Infonavit’s housing fund has grown to 950 billion pesos following recent increases in employer contributions tied to minimum wage hikes.
  • The institute has signed contracts for approximately 102,000 homes and currently has 879 units under construction across Mexico.
  • It aims to complete over 200,000 home deliveries by the end of 2025 as part of the program’s initial rollout phase.
  • Infonavit’s six-year construction target now stands at 1.2 million homes, contributing to a federal goal of 1.7 million units for workers earning up to two minimum wages.
  • Debt-relief measures have resolved about 1.19 million of the 5 million identified unpayable mortgage credits through balance reductions and interest rate cuts.