Mexico’s national housing comissioner, Carlos Gutiérrez Ruiz, announced last week that 12% of the CONAFOVI’s housing loans will be assigned to the northwest states in Mexico (Baja California, Baja California Sur, Sonora y Sinaloa), an equivalent of $22,000 million pesos.
In the current government period, housing has doubled in this region growing from 178,168 new housing units between 1995-1999 to 363,922 in 2001-2005. In Baja California, housing construction tripled from 49,540 new housing units to 143,297 in 2001-2005.