Background on Infonavit and its Relevance
The Instituto del Fondo Nacional de la Vivienda para los Trabajadores (Infonavit) is a Mexican government-run housing finance institution that provides credit to workers for purchasing or constructing homes. It plays a crucial role in enabling formal workers to access housing, making it an essential component of Mexico’s housing market.
Infonavit’s Housing Construction Plans
According to Infonavit’s Annual Housing Report 2025, the organization plans to construct 1.2 million homes during the current six-year administration. However, this construction effort would only cover approximately 15% of the potential demand for workers earning up to two minimum wages.
Potential Demand Analysis
Infonavit estimates that around 8 million formal workers could potentially buy homes with prices near 600,000 pesos. The average potential demand for a home would be approximately 619,600 pesos, considering the accumulated savings in the housing subaccount and the maximum credit a worker could obtain from Infonavit.
The report highlights the direct relationship between salary levels and the resources available to workers. As income increases, so does their capacity to purchase a home.
Workers earning close to the minimum wage face greater restrictions, as their payment capacity cannot exceed 20% of their salary. Additionally, they typically have low balances in their housing subaccount and reduced credit terms as they age.
New Credit Model by Infonavit
Infonavit’s president, Octavio Romero Oropeza, recently announced a new credit granting model to facilitate access for more individuals to obtain a home built by Infonavit. This new model, T100, targets workers earning between one and two minimum wages who do not own their homes.
Under this model, Infonavit will not consider company performance, granting 100% of the credit without penalties. The credit bureau will only be consulted to verify that no other housing financing exists.
Housing Specifications
Infonavit-built homes must have a minimum of two bedrooms, a full bathroom, living room, dining area, kitchen, service patio, and cover at least 60 square meters.
Key Questions and Answers
- Who qualifies for Infonavit credit? Workers earning between one and two minimum wages who do not own their homes.
- What is the new credit model (T100) by Infonavit? It targets workers earning between one and two minimum wages without home ownership, granting 100% credit without penalties or company performance considerations.
- What are the specifications for Infonavit-built homes? These homes must have at least two bedrooms, a full bathroom, living room, dining area, kitchen, service patio, and cover a minimum of 60 square meters.
