a Board of Trustees From the Separation Compensation Fund (FGTS) approved the resources for investments in housing, basic sanitation and urban infrastructure in 2023. The amount is higher than the 2022 budget, with a decrease in interest on housing financing.
Read more: Budget 2023: Find out the highlights of the proposal sent to Congress
There will be R$68.1 billion in housing measures, with an increase of R$3.7 billion over the R$64.4 billion currently authorized. For basic sanitation, the budget will be R$ 7 billion – an increase of R$ 2.3 billion. In urban infrastructure measures, the limit was maintained, which is R$6.3 billion.
Board of Trustees approves resources for 2023
With the sum of the three axes, according to the Board of Trustees, it is expected that R$85.68 billion will be employed in FGTS resources. An increase in deductions of R$1 billion was also approved for the Casa Verde e Amarela program.
According to the council, the resources should benefit families that are part of groups 1 and 2, with an income of up to R$4,400. The support provided to the program must meet the needs of more than 372,000 families who are eligible for the discount.
The Board of Trustees is interested in the current economic scenario. The idea is to improve the conditions for families to obtain financing. According to the council, in the past two years, measures have been taken to improve discounts.
The program seeks to increase the supply of credit to families with low purchasing power. Actions are necessary to maintain the program and continue investment in social housing.
Data from the FGTS Board of Trustees shows that 80% of Finance Housing projects in 2022 were intended for families with a monthly income of R$4,400.
Another novelty is the reduction in the interest rate charged to borrowers for financing housing with funds from the Pró-Cotista programme. The decrease is one percentage point for real estate up to 350,000 R$, which goes from 8.66% to 7.66% annually.
It drops by half a percentage point for properties over R$350,000, which go from 8.66% to 8.16% annually. The discount is valid until December 31 of this year.
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