2023-06-23 01:39:24
Ivan Joatzay
Within the Mexican Republic there are 35.3 million inhabited private homes, of these, the main repair problems derive from humidity, cracks and settlement. Given this, INFONAVIT goes for the repair and improvement of more than 3 million homes in Edomex.
How to improve homes?
Last Tuesday, Carlos Martínez Velázquez, general director of the Institute of the National Housing Fund for Workers (INFONAVIT), presented the new diversification of housing loans from the previous ‘Mejoravit’ program where, with the perspective directed towards small improvements and repair partial or total households, 2 new institutional credits were created: ‘Mejoravit Repara’ and ‘Mejoravit Renueva’.
The first, dedicated to “make a small improvement” of homes, has a loan of 9,461 pesos to 37,844 pesos with an annual interest of 10% and the possibility of payment between 1 to 5 years. Without counting on bank intermediaries, the micro credit seeks to focus on specific repairs of gas leaks, sanitary repair, air conditioning installation, painting, security, wall repair, sheet metal placement, among other home improvements.
For its part, ‘Mejoravit Renueva’, is a credit for the macro improvement of homes where, with a focus on the total repair of homes, settlement, construction in the matter up to repair of the hydraulic system, it allocates a loan of between 37 thousand 844 pesos to 149 thousand 485 pesos with a payment term of 1 to 10 years. Within this there is a significant restructuring of interest rates “for the benefit of workers”, reducing the charge from 18 to 11 percent.
It should be noted that both products offer 3 types of insurance: death, total disability and partial disability, and grant 2 amount management cards. The first, with 20% receipt, is used to pay for labor, and the second, with 80% of this, goes to investment in repair materials.
In a supervision of the proper handling of the product, “the use of resources must be verified through photographic evidence” and, likewise, verify the spaces that are going to be treated. In the case of ‘Mejoravit Repara’, also “you must keep the tickets and CFDI invoices of the materials and items purchased.”
What are the housing problems in Edomex?
In the State of Mexico, the housing fund seeks to repair at least 76.9% of homes through improved accessibility to loans, since these are 16 to 36 percent more accessible than other types of bank loans.
In this regard, the National Institute of Statistics and Geography (INEGI) revealed that 61% of the rented houses in the Mexican entity are inhabited due to lack of access to credit and resources.
According to the ‘National Housing Survey’, of the 4 million 568 thousand 635 private homes inhabited in the entity, 38.7% of these suffer from cracks and cracks. On the other hand, 38.2% face humidity and water leaks. Among other problems at the national level, deformations of frames, lifting of the floor and repair of pipes stand out.
As a causal part of structural damage, the geographic institute highlights the age of homes that, at the national level, are older than 31 years, however, the average room ranges from 11 to 20 years.
(Photo: Special Portal)
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