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.