Mexico president opens Tamaulipas tour in Reynosa with $2.16B housing push

President Claudia Sheinbaum Pardo launched a three-day tour of Tamaulipas on Friday with the federal Housing for Well-Being program at the center of her first stop in Reynosa, highlighting more than 38 billion pesos ($2.16 billion) in housing investment planned for the state.

Sheinbaum presided over a housing event at the Infonavit Puerta Grande development in Reynosa, where homes were delivered to local families. Her Aug. 14-16 tour also included stops in Matamoros, Villa de Casas, Ciudad Victoria, Tampico y Ciudad Madero.

Tamaulipas has been assigned a goal of 60,000 homes through Infonavit, Mexico’s national housing fund for workers. About 47,000 homes have already been contracted across 36 developments, while another 5,270 are under review in nine projects.

If those projects are approved, the state would have more than 52,000 homes in the pipeline, representing about 87% of its Infonavit target.

The Puerta Grande development, where Friday’s event was held, includes 1,088 homes. Officials said 50 families are already living in the development, while another 350 families have begun receiving their homes.

Edna Vega Rangel, Mexico’s secretary of agrarian, territorial and urban development, said Tamaulipas has reached 63% progress on new housing under the federal program. She also reported that 36,000 home-improvement loans have been granted and 15,000 lots are being regularized.

For the private sector, the housing program represents a significant pipeline for construction, land development, building materials, infrastructure and related services, particularly in Reynosa, one of northern Mexico’s largest manufacturing hubs.

Sheinbaum’s tour continued through the weekend with water infrastructure inspections and health care projects, according to the Tamaulipas government.