It´s great news that the Senate has finally approved the amendment to Infonavit´s Law: http://www.eluniversal.com.mx/nacion/191951.html
The amendment basically states large benefits with which retirees can recover their savings that they had in their housing sub-account; and even better, the active workers would be able to access a credit in Mexican pesos at nominal rates and to a second mortgage but only those who have already paid the first one.
With this new reform, the potential market increases up to 1.9 million for which we already have an irresistible offer: Casa Capital Plus. This scheme with which we have more than 4 years of experience, promotes pre-habited housing and it´s an ideal alternative for those families that look for a better home that satisfies their actual needs according to their new life-cycle.
These governmental initiatives strengthen our unique position in the industry to take advantage of the new benefits and incentives that the federal government grants to Mexicans.
Thanks,
Best regards,
Selene Avalos
Urbi´s CFO
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