DistantNews
Support us
Sheinbaum vows housing benefits for 11.5 million families, defends credit forgiveness
🇲🇽 Mexico /Elections & Politics

Sheinbaum vows housing benefits for 11.5 million families, defends credit forgiveness

From El Universal · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • President Claudia Sheinbaum Pardo pledged to benefit 11.5 million families with housing rights during her term.
  • She defended the condonation of housing credits, stating they were previously unpayable due to their structure.
  • Sheinbaum highlighted achievements like building 1.8 million homes and removing barriers to homeownership.

President Claudia Sheinbaum Pardo has pledged that her administration will ensure 11.5 million families benefit from the right to housing. During an event to deliver "Viviendas del Bienestar" (Welfare Housing), Sheinbaum Pardo defended the government's decision to forgive housing credits, explaining it was not arbitrary.

It's not that we condone just like that, it's that they were unpayable loans due to the way they were structured.

— Claudia Sheinbaum PardoPresident defending the condonation of housing credits.

"It's not that we condone just like that, it's that they were unpayable loans due to the way they were structured," she stated. She contrasted her government's approach with previous administrations, saying, "Before, there were governments that took away, and now we are governments that give to the people."

Sheinbaum highlighted that despite these actions, the Infonavit (Institute of the National Housing Fund for Workers) currently holds more funds than before. She pointed out that her government has focused on building housing with services and in accessible locations, unlike past administrations that built homes in remote areas without services, leading to abandonment.

Before, there were governments that took away, and now we are governments that give to the people.

— Claudia Sheinbaum PardoPresident contrasting her administration's policies with previous ones.

The president also mentioned the removal of requirements for acquiring housing, the introduction of low-interest credits for home improvement, debt reduction, and the delivery of property titles. She reiterated her commitment: "In our sexenio, in our government, 11.5 million families in Mexico will be benefited with the right to housing."

In our sexenio, in our government, 11.5 million families in Mexico will be benefited with the right to housing.

— Claudia Sheinbaum PardoPresident stating her administration's housing goals.

Speaking before the governor of Durango, Esteban Villegas, Sheinbaum committed to improving the drainage system in Gómez Palacio. Villegas, in turn, thanked the president for her support and expressed firm collaboration with the federal government, emphasizing unity over political differences. Octavio Romero Oropeza, director of Infonavit, reported that 432 housing complexes have been approved across 31 states, totaling 500,000 homes, exceeding 40% of the six-year goal.

There are governments that, even if we don't come from the same party, we coordinate well.

— Claudia Sheinbaum PardoPresident commenting on coordination with the governor of Durango.
DistantNews Editorial

Originally published by El Universal in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

More Stories

From Our Blog