Sunday, December 22, 2024
name of Prensa Latina
Bandera inglesa
English Edition
Search
Close this search box.
name of Prensa Latina

NEWS

NEWS

Lawmakers approve reform to boost access to housing in Mexico

Mexico City, Oct 24 (Prensa Latina) Mexican deputies have approved a constitutional reform that allows the National Housing Fund Institute (Infonavit) to build houses, a step considered vital to guarantee that workers can afford their dwelling.

Following an over nine-hour-debate, lawmakers cleared the initiative, both general and particular clauses, with a majority of 469 votes in favor, none against and one abstention, and forwarded it to the Senate for further assessment.

The document statutorily mandates all agricultural, industrial, mining or other enterprises to provide their workers with adequate housing, an obligation they will fulfill through their contributions to the National Housing Fund.

Such a fund will establish “a socially-oriented housing system for eligible working people that will allow them to obtain cheap and adequate credit for their purchase or improvement; they will also be eligible to acquire land and build housing, under the terms established by law,” it says.

ied/arm/rgh/las

LATEST NEWS
RELATED