Menu Search Facebook Twitter
Search Close
  • Capital Coahuila
  • Capital Hidalgo
  • Capital Jalisco
  • Capital Morelos
  • Capital Oaxaca
  • Capital Puebla
  • Capital Quintana Roo
  • Capital Querétaro
  • Capital Veracruz
  • Capital México
  • Capital Michoacán
  • Capital Mujer
  • Reporte Índigo
  • Estadio Deportes
  • The News
  • Efekto
  • Diario DF
  • Capital Edo. de Méx.
  • Green TV
  • Revista Cambio
Radio Capital
Pirata FM
Capital Máxima
Capital FM
Facebook Twitter
X Welcome! Subscribe to our newsletter and receive news, data, statistical and exclusive promotions for subscribers

Government Workers to be Entitled to two FOVISSSTE Credits

The measure was taken in response to demands made by government workers for dignified housing

José Reyes Baeza Terrazas, head of ISSSTE, and José Antonio González Anaya, head of the IMSS
By The News Whatsapp Twitter Facebook Share
1 year ago
José Reyes Baeza Terrazas, chief of ISSSTE. Photo: Esquivel.

José Reyes Baeza Terrazas, chief of ISSSTE. Photo: Esquivel.

The Government Employees Social Security Institute (ISSSTE) and its housing fund (FOVISSSTE) will be able to offer a second housing credit to its members, as part of an initiative by the federal government to guarantee dignified housing for all Mexicans.

The decree was published in the Diario Oficial de la Federación and consists of changes to articles 167 and 179 of the ISSSTE law and states that “these loans may be offered up to two times, if the first loan has been completely paid back” and “under criteria of equity and priority to workers who have not taken out a housing loan.”

The changes to article 179 state that in order to obtain a second credit, “workers need to fulfil the same requirements” as for the first, including “having at least 18 months of deposits in the housing fund and being able to demonstrate that the first loan has been completely liquidated, and that it was paid off in a regular manner.”

The general director of the ISSSTE, José Reyes Baeza Terrazas, explained that the measure was taken to respond to the demand long made by many workers for better housing. He emphasized that the FOVISSSTE will manage the loans and set the conditions for access. Those conditions will be released soon so that eligible workers and their families will be able to take full advantage of the loans.

The House of Deputies approved the measure in February 2016.

Esteban Batory Sandorf

Comments Whatsapp Twitter Facebook Share
More From The News

Cowboys Are World's Most Valuable Team a ...

11 hours ago

Spicer Suggests Critics of Emmy Appearan ...

11 hours ago

Mattis: No Need Yet to Shoot Down NKorea ...

11 hours ago

Odell Beckham Jr. Active for New York Gi ...

12 hours ago
Most Popular

Trudeau: Canada Could Stop Dealing with ...

By The Associated Press

Weekly Horoscopes

By Nicole DeFuria

Weekly Horoscopes

By Nicole DeFuria

Hurricane Max Forecast to Hit Southern M ...

By The Associated Press

Five Dead After Encounter in Guanajuato ...

By The News