Chihuahua, Chih., March 31st, 2020.
Dear Friends and Clients,
On March 26, 2020, the Institute of the National Workers’ Housing Fund (Infonavit), issued a statement due to the COVID-19 pandemic, announcing the measures to be implemented for the benefit of employees who have an active credit with such Institute.
The following measures can be requested as of April 15, 2020:
a) Through unemployment insurance, Infonavit will cover payments for up to 3 months (May, June, and July) for those employees who have lost their jobs.
b) Prior to a request from the Institute, the payment of principal and interest shall be deferred to any person as a result of the impact on his or her employment or income. This extension will be granted for up to 3 months, with the possibility of further extension for 3 additional months.
c) In the event that the employer declares temporary unemployment. Infonavit will support at least 25% of the payment factor, which is used to calculate the monthly payment, for a maximum of 12 months.
In case of any doubt or inquiry, please do not hesitate to contact us.
