Background on Key Players
The Mexican housing development industry is eager to participate in the federal program Vivienda para el Bienestar, aiming to construct 1,100,000 homes during the current six-year administration. To this end, developers are fine-tuning their collaboration details with the National Housing Fund for Workers (Infonavit).
Canadevi, led by Carlos Ramírez Capó, recently held a meeting of its Directing Council where Octavio Romero, head of Infonavit, was present. The discussion focused on collaboration schemes between developers and this public organization, which aims to build 600,000 homes in the current six-year term.
Details of Collaboration
Both Infonavit and Canadevi are expected to provide more information about the signed collaboration agreements, aiming to enhance transparency in the Vivienda para el Bienestar program.
Impact on the Housing Sector
The collaboration between Infonavit and Canadevi is expected to significantly boost housing construction in Mexico. Developers will contribute land and participate in building within the federal housing program.
Infonavit, a government-backed mortgage financing company, has been instrumental in providing housing credit to workers since 1974. With over 8 million clients, it plays a crucial role in the Mexican housing sector. Canadevi, on the other hand, is a prominent association representing developers and builders in Mexico, with over 150 member companies.
This partnership will allow developers to contribute land and actively participate in building homes under the Vivienda para el Bienestar program. This initiative aims to construct affordable housing units for low- and middle-income families across Mexico.
Transparency and Public Trust
By offering more details about their collaboration, Infonavit and Canadevi aim to foster transparency in the Vivienda para el Bienestar program. This move will help build public trust and encourage more developers to join the initiative, ultimately accelerating housing construction and benefiting thousands of families in need.
Key Questions and Answers
- Q: Who are Infonavit and Canadevi?
A: Infonavit is a Mexican government-backed mortgage financing company that provides housing credit to workers since 1974. Canadevi is a prominent association representing developers and builders in Mexico, with over 150 member companies.
- Q: What is the Vivienda para el Bienestar program?
A: The Vivienda para el Bienestar program is a federal initiative aiming to construct affordable housing units for low- and middle-income families across Mexico.
- Q: How will Infonavit and Canadevi collaborate?
A: Developers will contribute land and actively participate in building homes under the Vivienda para el Bienestar program, with Infonavit providing housing credit to workers.
- Q: Why is transparency important in this collaboration?
A: Transparency fosters public trust, encourages more developers to join the initiative, and ultimately accelerates housing construction for families in need.
