Mexico City First-Time Buyers Get Direct Subsidies Through 2026

City hall opened applications on July 1 for grants covering up to 15 percent of the purchase price for first-time buyers in Mexico City, paired with a temporary cut in the impuesto sobre adquisición de inmuebles from 3 percent to 1.5 percent on homes valued below 4 million pesos.

The measures arrive as average asking prices across the capital sit at 55,000 pesos per square meter and mortgage rates remain above 10 percent, pushing many households priced out of Roma and Condesa toward outer districts.

Where the relief applies

Buyers targeting units in Polanco can combine the state grant with financing from Infonavit to cover down payments on apartments near Avenida Presidente Masaryk, while those looking in Santa Fe gain access to the same stamp-duty concession on new-build flats near the Centro Santa Fe mall. Both neighborhoods fall under the city’s Vivienda Accesible program, which caps eligible properties at 80 square meters and requires applicants to hold no prior property title in the Federal District.

Current data from the city cadastre shows 2,400 transactions closed in the first half of 2026 under the reduced tax rate, with the average concession saving buyers 42,000 pesos on a 3.5-million-peso unit. The Secretaría de Desarrollo Urbano y Vivienda reports that 1,150 first-time buyer files have already been approved since the portal reopened last week.

Next steps for applicants

Interested buyers must submit income statements and a pre-approval letter from Infonavit or a private bank through the CDMX housing portal by September 30. Staff at the borough offices in Cuauhtémoc and Álvaro Obregón are holding walk-in sessions every Tuesday and Thursday to verify documents before final submission.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.