Home Mexico City Aims to Deliver 10,000 Low-Cost Homes by 2026

Mexico City Aims to Deliver 10,000 Low-Cost Homes by 2026

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Mexico City, July 25 – The Head of Government of Mexico City, Clara Brugada Molina, announced her administration’s goal to deliver 10,000 affordable homes and provide 40,000 housing improvement grants during 2026, through the Housing Institute (INVI). The announcement was made during the handover of 141 homes in the Coyoacán borough.

Significant Investment in Housing Policy

Brugada Molina reported that in almost two years of government, 18 billion pesos have been allocated to the capital’s housing policy. So far this year, 2,000 homes have already been delivered.

“One of the first decisions we made when we entered government was to create the Housing Secretariat and double the budget,” commented Brugada, emphasizing the administration’s commitment to prioritizing housing.

The Head of Government reiterated that access to housing is a human right, and it is the government’s responsibility to expedite the development of housing projects. “The government’s task is to speed up, to manage housing faster and faster so that the population does not take so long to access a home. The government cannot see a private developer build a building in a year and then delay it due to countless procedures. That cannot be,” she affirmed.

Challenges Amidst Low Production

This ambitious goal comes in a context of low housing production and administrative difficulties for developers. According to the Unique Housing Registry (RUV), between January and June 2026, only 296 homes were built in Mexico City, with another 2,000 remaining registered as under construction.

Despite these challenges, the Secretary of Housing, Inti Muñoz Santini, stated that as part of the administration’s actions, there are currently 9,000 social housing units under development, with “a production rhythm not seen before.”

“It is a priority for the city to address the crisis faced by many of the world’s large metropolises in terms of access to housing, through social and popular housing projects,” Muñoz Santini declared.

Co-production Model for Affordable Housing

The capital government explained that affordable housing in Mexico City is developed under a co-production scheme that involves the families who will inhabit the properties. According to Inti Muñoz, this model allows for offering homes at an average cost of between 700,000 and 900,000 pesos, through interest-free public financing.

Brugada added that the credits involve monthly payments equivalent to a maximum of 20% of the family income. “There are families who will pay 900 pesos (per month) because their incomes are very low; those who pay the most will be around 3,000 pesos,” she concluded.

This co-production model aims to make homeownership accessible to a wider range of residents, addressing the pressing need for affordable housing in the city.

Source: https://es-us.noticias.yahoo.com/cdmx-proyecta-entregar-10-000-150000347.html

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