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16m ago

Brazil Adds R$3.3 Billion for Rio Grande do Sul Rebuild, Signs New Housing Contracts

The new tranche comes within a recovery effort now totaling R$111 billion with R$90 billion already disbursed.

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Overview

  • Of the new funds, R$726 million goes to housing for 17,350 units, combining 9,350 to be built from 2026 and 8,000 acquired via the purchase-assisted model.
  • The federal government signed contracts for roughly 3,940 housing units slated to begin delivery in 2026.
  • R$200 million is earmarked for civil infrastructure reconstruction across affected municipalities.
  • R$571 million is allocated to climate-adaptation works in Porto Alegre and São Leopoldo, with R$502 million and R$69.3 million respectively, transferred to municipal execution from a R$6.5 billion reconstruction fund.
  • The measures draw on Novo PAC and Minha Casa Minha Vida with FGTS subsidies, while project execution depends on state proposals and municipal management of transferred works.