INVI announces the delivery of 200 homes to families in La Paz and Los Cabos

LA PAZ, BCS. – In an act aimed at reducing the housing deficit, the Housing Institute of Baja California Sur (INVI) announced the delivery of the first 200 keys to new homes to working families in La Paz and Los Cabos. This package is part of a broader program promoted by the state government to facilitate access to decent housing for people who, due to their income conditions, are not eligible for credit from commercial banks.

The director of INVI, Fernanda Villarreal, reported that these homes were built through a scheme of subsidies and financing with preferential interest rates, focused on benefiting families with incomes of up to five minimum wages. The houses are located in new developments that have guaranteed basic services such as water, sewage, and electricity.

During a supervisory tour of one of the new housing developments in La Paz, Governor Víctor Manuel Castro Cosío reaffirmed his administration's commitment to the right to housing. "There is nothing more important for a family than having the certainty of a patrimony. We are doing social justice, turning public resources into direct well-being for the people who need it most and who build our state with their work," he declared.

This delivery of homes is particularly significant in a state with one of the most expensive real estate markets in the country. High demand, driven by tourism and foreign investment in Los Cabos, has raised land and construction prices, leaving many local workers without the possibility of acquiring a property. Therefore, state intervention through INVI is fundamental to balancing the market.

The state government's housing program not only consists of building new houses but also of delivering property titles and providing support for improving existing homes. These actions aim to strengthen the social fabric, promote orderly urban development, and ensure that the economic growth of Baja California Sur translates into a better quality of life for all its inhabitants.