Mexican National Fund for Workers’ Dwelling (Infonavit) has recently launched and is promoting loans and special mortgages for people who acquire properties with green features, specially those related to energy saving. This institute is an organization founded in 1972 whose main function is to give workers credit for home acquisition. The “Green Mortgage’” program was launched last January and has had its first beneficiaries not long ago in Yucatan province. “We want to encourage developers to build homes with energy saving materials in walls, windows, doors; and when a person buys that home, we’ll give them a better mortgage because they will have savings that will derive in higher buying power”, said Ernesto Gonzalez Gallardo, technical sub-director, Infonavit, when the plan was launched. The benefits are also for developers: according to the institute, the ones who aim to build projects with these characteristics have easier city hall paper work. The “Green Mortgage” plan was inspired by all the initiatives that have took place in the United States, Canada or Australia, and aims to encourage green building in the country. These days, only ten out for four thousand registered firms have started projects with plans to install energy saving devices, the institute informed.
Now what Cabo has in common with Infonavit?? Not much really since the developments in Loscabos for sure a different league. What is not necessary a different league is the options given by different government agencies and the promotion of building green. There is no difference, for developer or owner, the benefice on green buildings in sense of saving energy, building a higher re-sale value from the beginning is given in every green erected building in Mexico and all over the world.
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Tags: energy buildings, government agencies, la concha, la paz, loscabos, luxury condominiums, mortgage plan, mortgage program, saving energy