FGTS: Housing Finance Rules published in 2024, see

60% of the Pro-Cotista budget should be allocated to new properties (Photo: AURÉLIO ALVES) — Photo: Aurelio Alves
60% of Pro-Cotista's budget should be allocated to new properties

On Tuesday 26th of this month, the Ministry of Cities published in the Official Gazette of the Union (DOU) the rules for distributing resources from… Service Time Guarantee Fund (FGTS) To finance housing.

Hence, at least R$46.2 billion of these funds will be directed resources For families with a total monthly income of up to R$ 4,400. However, there will be a limit of R$1.45 billion for those receiving between R$2,640.01 and R$4,400.

Another point is that only R$995 million can be used Finance Dedicated to buying used homes.

Furthermore, at least 60% of the Special Housing Credit Program budget for FGTS shareholders (supporting shareholders) must be allocated to the cost of new properties.

On the other hand, only 30% can be reserved for financing properties with a sales value exceeding R$500,000.

Urban infrastructure

The government also decided that more than half of the FGTS budget approved for the Urban Development Program (Pró-Cidades) in 2024 will be allocated to the public sector.

In total, there were R$2 billion, of which R$600 million would go to the private sector and the rest to the public sector (R$1.4 billion).

Therefore, Caixa Econômica Federal will lend resources as follows, depending on the region:

southeast: 760 million Brazilian reals

the Northeast: 480 million Brazilian reals

north: 280 million Brazilian reals

Midwest: 240 million Brazilian reals

south: 240 million Brazilian reals

Sewage

In addition, FGTS resources will be used for loans for sanitation measures under the Growth Acceleration Program (New PAC).

According to the standard, Caixa needs to invest up to R$6 billion to contract credit operations under the Saneamento para Todos programme, available from the first business day in 2024.

However, those dealing with industrial water, effluent treatment and water reuse will only be able to use 5% of the budget. In other words, 300 million Brazilian reals.