Overview
- Funding totals R$40 billion, with R$30 billion from the Social Fund for families earning up to R$9,600 and R$10 billion from Caixa via SBPE for higher incomes.
- Eligible borrowers are homeowners in large urban areas, initially capitals and cities over 300,000 residents, seeking repairs, upgrades or accessibility improvements.
- Loans start at R$5,000 for lower-income tiers with installments capped at 25% of household income and terms up to 60 months; higher-income loans start at R$30,000 with terms up to 180 months set by Caixa.
- Social-rate interest tiers were set at 1.17% per month (up to R$3,200 income) and 1.95% per month (R$3,200.01–R$9,600), with one active contract per family and a 90% upfront/10% after-photo disbursement model.
- The Cities Minister said resources are guaranteed despite recent budget blocks, as the government targets 1.5 million contracts and President Lula urges the Central Bank to reduce policy rates.