INFONAVIT defends housing law reforms amid business criticism

The Mexican National Workers' Housing Fund Institute (INFONAVIT) has defended its recent legal reforms following criticism from José Medina Mora Icaza, president of the Business Coordinating Council. The institute maintains that the February 2025 reform was discussed with both unions and business sectors, preserving a tripartite governance structure. INFONAVIT stated that removing specific sectoral directorates has strengthened oversight of beneficiary resources.

The institute highlighted past irregularities, citing a case where Telra Realty allegedly received an indemnity exceeding 5 billion pesos despite failing to fulfill 100 million pesos in contracted services. Additionally, INFONAVIT questioned Medina Mora’s role in previous housing projects, noting that 340 out of 505 authorized projects were proposed by the business sector, resulting in estimated damages of 1.925 billion pesos and affecting 2,910 beneficiaries.

Regarding financial health, INFONAVIT attributed a rise in overdue debt in 2025 to a correction in the Flexipago application. The institute reported that after updates, the overdue portfolio decreased from 29 percent in September 2024 to 27 percent by June 2026.

Separately, the institute advised workers who have completed their mortgage payments to check for excess balances. If payroll deductions continue after a credit is liquidated, beneficiaries can request a refund through the ‘Mi Cuenta Infonavit’ portal and must provide an ‘Aviso de Suspensión de Descuentos’ to their employers to stop further retentions.