Investor Presentaiton
I
Affordable
Housing Market in
Brazil
Significant demand for housing among those ineligible for market-
based financing
Popular Housing Market in Brazil
I
On February 14, 2023, Provisional Measure No.1.162/2023
was signed, announcing the resumption of the Minha Casa
Minha Vida program.
BRACKET 1
The program resumes track 1, which is aimed at families
with incomes of up to R$2,640.
The program is aimed at residents in urban areas with gross
monthly family income of up to R$8,000.
Lower interest rates to guarantee decent housing for the
low-income population, using resources from the FGTS.
Group
Bracket 1
Bracket 2
Income Range
Up R$2,640
R$2,640,01 to R$4,400
Bracket 3
R$4,400,01 to R$8,000
BRACKET 2
Subsidized
Acquisition
Families are randomly selected and pay a
symbolic value for the property
Primary Funding Source: General Budget
of the Union (OGU)
Families acquire units from the
homebuilder
Financial agent (CEF. BB) approves credit
Subsidies meet the gap between
payment capacity and property's market
value
Fiduciary alienation (mortgage) allows
property resumption in case of
delinquency
Primary Funding Source: FGTS
(mandatory pension fund)
BRACKET 3
Market-Based
Solution
Financed by local private banks
The government's goal is to contract two million homes by 2026.
Source: Provisional Measure No.1.162/2023 / Programa Minha Casa Minha Vida (www.gov.br).
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