Clara Brugada Molina’s Administration Aims to Counteract Gentrification
The government of Mexico City has handed over more than 200 affordable housing units in two strategic areas of the capital: the Roma neighborhood in the Cuauhtémoc alcaldía and Coyoacán alcaldía.
Roma, Cuauhtémoc Alcaldía
In the Roma neighborhood, 52 apartments were delivered, benefiting 196 people, including 50 members of indigenous communities residing in Mexico City. The investment for these apartments totaled 46 million pesos.
“We don’t want our city to have exclusive zones. Roma and Condesa should also have housing projects for everyone. These apartments cost around 900,000 pesos each, while a similar-sized apartment in Roma can cost up to 20 million pesos,” said Clara Brugada Molina, Head of Government.
Coyoacán Alcaldía
In Coyoacán, 196 apartments ranging from 60 to 65 square meters were delivered, benefiting approximately a thousand people. The investment for this project exceeded 170 million pesos.
Beneficiaries acquired these homes through credits from the Mexico City Housing Institute (INVI), with monthly payments under 2,000 pesos.
Gentrification and Expropriation
Inti Muñoz Santini, Secretary of Housing, emphasized that these deliveries are part of a strategy to prevent the displacement of residents with deep roots in high-demand real estate areas.
“These projects allow long-term residents in these colonias to stay put,” Muñoz stated.
Muñoz explained that by the end of 2025, 30,000 housing actions will be carried out. According to the secretary, around 200 architecturally and historically valuable properties—mainly in the Historic Center—are being rescued to be converted into social housing.
It’s worth noting that, during the first half of May, the capital’s government officially expropriated eight properties in the Cuauhtémoc, Azcapotzalco, and Miguel Hidalgo alcaldías.
Through the official gazette of Mexico City, it was announced that these properties would be transferred to the INVI to promote the execution of the social and popular housing program.
Key Questions and Answers
- What is the purpose of these housing deliveries? The CDMX government aims to counteract gentrification and ensure housing rights in central areas with high real estate value.
- Who benefits from these housing units? The beneficiaries include 196 people in Roma, with 50 being members of indigenous communities, and approximately a thousand people in Coyoacán.
- How much do these housing units cost? The apartments in Roma cost around 900,000 pesos each, while similar-sized apartments in the same area can cost up to 20 million pesos.
- What is the role of the INVI in this initiative? The Mexico City Housing Institute (INVI) provides credits for these housing units, with monthly payments under 2,000 pesos.
- What is the government’s strategy to prevent displacement? The government aims to create housing projects in high-demand areas, allowing long-term residents to stay.
- What other housing initiatives are planned for 2025? By the end of 2025, approximately 30,000 housing actions will be carried out, including the rescue and conversion of around 200 valuable properties into social housing.