HXM » Topics » Instituto de Vivienda del Distrito Federal (INVI)

This excerpt taken from the HXM 20-F filed Jun 29, 2009.

Instituto de Vivienda del Distrito Federal (INVI)

 

INVI is a public, decentralized institution for the public administration in the Federal District (Distrito Federal), legally autonomous with its own working capital; its functions are the design, proposal, promotion, coordination, execution and evaluation of policies and housing programs focused mainly on families with limited economic resources, all of which is regulated within the General Development for the Federal District Program (Programa General de Desarrollo del Distrito Federal) derived from the Housing Law for the Federal District (Ley de Vivienda del Distrito Federal).

 

The mission of INVI is to satisfy the need for housing of families with limited economic resources located in the Federal District through the granting of mortgages for affordable entry-level homes, with the goal of creating 200,000 new housing units in the years 2007-2012. The Company entered into contracts of Ps. 298,620 during 2008 with this institution.

 

This excerpt taken from the HXM 20-F filed Jun 30, 2008.

Instituto de Vivienda del Distrito Federal (INVI)

 

INVI is a public, decentralized institution for the public administration in the Federal District (Distrito Federal), legally autonomous with its own working capital; its functions are the design, proposal, promotion, coordination, execution and evaluation of policies and housing programs focused mainly on families with limited economic resources, all of which is regulated within the General Development for the Federal District Program (Programa General de Desarrollo del Distrito Federal) derived from the Housing Law for the Federal District (Ley de Vivienda del Distrito Federal).

 

The mission of INVI is to satisfy the need for housing of families with limited economic resources located in the Federal District through the granting of mortgages for affordable entry-level homes, with the goal of creating 200,000 new housing units in the years 2007-2012. The Company entered into contracts of Ps.733,741 during 2007 with this institution.

 

EXCERPTS ON THIS PAGE:

20-F
Jun 29, 2009
20-F
Jun 30, 2008
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