Lula's Government Seeks to Expand My House, My Life — Understand the Details

Lula’s Government Seeks to Expand My House, My Life — Understand the Details

Written by Fabio Lucas Carvalho

Published on 17/03/2025 at 18:19

Updated on 17/03/2025 at 18:21

(Foto: Ricardo Stuckert / PR)

1 person reacted to this.

Expansion of Minha Casa, Minha Vida Seeks to Serve More Families and Improve Housing Financing Conditions in Brazil.

The government of Luiz Inácio Lula da Silva (PT) is evaluating the creation of a new tier in the housing program Minha Casa, Minha Vida. The idea is to include families with incomes between R$ 8,000 and R$ 12,000 per month, currently outside the program.

Pré-Sal Resources Can Enable the Measure

To make this possible, the government requested from the budget rapporteur, Senator Angelo Coronel (PSD-BA), an injection of R$ 15 billion from the Social Fund of the Pré-Sal.

The money would strengthen the financing of the existing tiers of the program. The aim is to release resources from the FGTS (Severance Indemnity Fund), allowing the creation of the new category.

ARTICLE CONTINUES BELOW

Details Still Under Discussion

The government is studying how these families will be served and what the property value limit will be.

Another alternative being considered is to allow the FGTS to purchase bonds from the Caixa’s mortgage credit portfolio, giving the bank more capacity for new loans.

The final decision on the rules has yet to be made. The proposal, however, seeks to serve an audience facing credit difficulties and may ease bottlenecks in housing financing.

The expansion of the program occurs at a time of declining popularity for the president, including among the middle class. To go into effect, the new tier requires a presidential decree and approval from the FGTS Curatorship Council.

0 Comments

most recent

older Most voted

Lula’s Government Seeks to Expand My House, My Life — Understand the Details

Expansion of Minha Casa, Minha Vida Seeks to Serve More Families and Improve Housing Financing Conditions in Brazil.

Pré-Sal Resources Can Enable the Measure

Details Still Under Discussion

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

Scientists considered detonating 213 nuclear bombs in the Sahara to create an artificial sea the size of El Salvador, with each explosion being a hundred times more powerful than the Hiroshima bomb, and the goal was to generate more energy than Egypt’s largest hydroelectric plant.

Unemployed and with a child to support, Joab turned hot coffee into a fresh start: he wakes up at 2 a.m., sells on Anhanguera, lets drivers pay later through the “trust Pix,” and conquers the internet even when some continue their journey without depositing.

The explosion in Siberia, recorded on June 30, 1908, over Tunguska, released energy estimated between 10 and 15 megatons of TNT, devastated about 2,150 square kilometers of forest, knocked down approximately 80 million trees, and remains one of the biggest warnings about near-Earth objects.

Lock manufacturer from Rio Grande do Sul invests R$ 150 million to surpass R$ 1 billion in revenue, create 200 jobs, and double storage capacity, while choosing Santa Catarina to set up a new logistics center and speed up deliveries in Southern Brazil.

The Iron Beam combat laser from Israel goes into real operation and starts shooting down drones for about three and a half dollars per shot.

Lula’s Government Seeks to Expand My House, My Life — Understand the Details

Expansion of Minha Casa, Minha Vida Seeks to Serve More Families and Improve Housing Financing Conditions in Brazil.

Pré-Sal Resources Can Enable the Measure

Details Still Under Discussion

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

Scientists considered detonating 213 nuclear bombs in the Sahara to create an artificial sea the size of El Salvador, with each explosion being a hundred times more powerful than the Hiroshima bomb, and the goal was to generate more energy than Egypt’s largest hydroelectric plant.

Lock manufacturer from Rio Grande do Sul invests R$ 150 million to surpass R$ 1 billion in revenue, create 200 jobs, and double storage capacity, while choosing Santa Catarina to set up a new logistics center and speed up deliveries in Southern Brazil.

Luciano Hang’s cousin left Havan after nearly a decade, invested in real estate, and now manages R$ 6 billion in launches; the entrepreneur, who only gets paid when he sells, claims to have sold out an entire building in Santa Catarina in just 45 minutes.

Trump threatens Brazil with a 25% tariff and uses illegal deforestation as an argument to pressure exports; US report accuses environmental failures, while recent decline in the Amazon exposes a dispute that could impact Brazilian trade and politics.

Havan, the retailer from Santa Catarina owned by Luciano Hang, will offer a contract of R$ 40,000 to whoever produces the best video in tribute to the company’s 40th anniversary, in a national influencer contest open to anyone with a profile on Instagram or TikTok.

Unemployed and with a child to support, Joab turned hot coffee into a fresh start: he wakes up at 2 a.m., sells on Anhanguera, lets drivers pay later through the “trust Pix,” and conquers the internet even when some continue their journey without depositing.

The explosion in Siberia, recorded on June 30, 1908, over Tunguska, released energy estimated between 10 and 15 megatons of TNT, devastated about 2,150 square kilometers of forest, knocked down approximately 80 million trees, and remains one of the biggest warnings about near-Earth objects.

Lock manufacturer from Rio Grande do Sul invests R$ 150 million to surpass R$ 1 billion in revenue, create 200 jobs, and double storage capacity, while choosing Santa Catarina to set up a new logistics center and speed up deliveries in Southern Brazil.

The Iron Beam combat laser from Israel goes into real operation and starts shooting down drones for about three and a half dollars per shot.