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Mexico Launches 1.1 Trillion-Peso Housing Drive as Sheinbaum Details Mixed Progress

The update underscores uneven progress across implementing agencies.

Overview

  • SEDATU set total investment at 1.1 trillion pesos for Vivienda para el Bienestar, with a plan for 1.8 million homes and projected gains of 5.4 million direct and 2.7 million indirect jobs benefiting 6.4 million people.
  • Responsibilities are divided across agencies: Infonavit targets 1.2 million units, Conavi 500,000, and Fovissste 100,000, with housing required to meet location and basic services criteria.
  • At the morning briefing, Infonavit reported 311,189 homes completed toward its 1.2 million goal, equal to 27% progress.
  • Fovissste said its justice program finished stage one and that stage two is 73% complete and scheduled to close on January 30, with a cumulative target of 400,000 accreditations.
  • Conavi reported 49,339 homes contracted across 133 sites, 500,000 new builds, 300,000 site improvements, 393,686 homes with construction formalized, and 420,000 subsidies or credits, while Sedatu said the program surpassed an earlier one‑million goal with 1.8 million homes; eligibility prioritizes low-income households and includes a 40,000‑peso home-improvement grant with in-person registration only.