Housing for Wellbeing Program Beats 2025 Goal

Mexico’s Housing for Wellbeing Program (PVB), promoted by President Claudia Sheinbaum and coordinated by the Ministry of Agrarian, Territorial, and Urban Development (SEDATU) with the participation of the National Housing Commission (CONAVI), INFONAVIR, and FOVISSSTE, has surpassed this year’s construction-start target, reaching 390,983 homes nationwide, reports SEDATU.

Edna Vega, Minister of Agrarian, Territorial, and Urban Development, explains that the goal was to begin construction on 386,000 homes, but the program exceeded it by reaching 101%, which will benefit an estimated 1.41 million people. These are the first homes within a six-year goal of 1.8 million homes, representing 22% progress.

Vega details that, of the projects already launched, 81,996 homes correspond to CONAVI and 308,987 to Infonavit. 

“Given the demand for registrations nationwide for the Housing for Wellbeing Program, CONAVI carried out, between Dec. 16 and 17, 154 housing-allocation lotteries for families who are not beneficiaries, benefiting 31,934 families, who already have a home assigned,” says Vega.

The federal official states that the Housing for Wellbeing Program is a historic, humanist policy, and says that it is aimed at those who need it most: people earning less than MX$17,000 (US$934) per month (two minimum wages). It mainly benefits female heads of household, people with disabilities, older adults, and young people.

Sheinbaum’s Broader Housing Agenda

Back in November, President Claudia Sheinbaum emphasized that the first year of her administration will close with more than 6,000 new homes delivered through INFONAVIT, FOVISSSTE, and CONAVI. She also highlighted that her administration aims to restructure 5 million INFONAVIT loans that were previously unpayable, build 1.3 million new homes of at least 60m², and carry out 430,000 home-improvement projects. The plan also expands access to families who lack INFONAVIT or FOVISSSTE benefits, MBN reports.

Back in October 2024, President Claudia Sheinbaum announced the Housing and Regularization Program, which aims to construct 1 million homes and grant 1 million deeds during her administration. The initiative targets vulnerable populations, including female heads of households, youth, indigenous communities, and senior citizens.

Sheinbaum explained that of the 1 million new homes, 500,000 will be built by the National Workers’ Housing Fund (INFONAVIT) for eligible beneficiaries, while the National Housing Commission (CONAVI) will build another 500,000 for non-eligible beneficiaries, financed by the Welfare Financial Institution (FINABIEN).

According to Sheinbaum, the objective is to provide low-cost housing for Mexican families, particularly young people, ensuring access to adequate housing. She emphasized that the program seeks to guarantee the right to housing. She said that during the so-called “neoliberal” governments, housing projects focused more on real estate development than on meeting the population’s needs.

The initial plan for 2025 was for the government to build 165,000 new homes, improve 100,000 homes in the eastern area of the State of Mexico, and regularize more than 120,000 deeds. At the time, Octavio Romero, Director General, INFONAVIT, stated that the fund will invest MX$288 billion to build 500,000 low-cost social housing units, alongside 250,000 home-improvement credits with a budget of MX$20 billion. Rodrigo Chávez, Director General, CONAVI, stated that CONAVI would build 500,000 homes with all necessary services, investing MX$285 billion and improving 300,000 homes with MX$15 billion.