Caixa Opens Signings for R$40 Billion ‘Reforma Casa Brasil’ Home-Repair Credit

Overview

• Applications began on November 3 via the Caixa website or app, with in‑branch support available for cases that cannot be completed digitally.
• Funding totals R$40 billion, with R$30 billion from the Minha Casa, Minha Vida Fundo Social and R$10 billion from a Caixa SBPE line, targeting roughly 1.5 million operations.
• For incomes up to R$9,600, loans range from R$5,000 to R$30,000 over 24–60 months, with rates of 1.17% a month in Faixa 1 and 1.95% in Faixa 2, installments limited to 25% of family income and one active contract per family.
• Disbursement occurs in two stages—90% at contracting and 10% after submission of completion photos via the app—using AI checks to validate images, with fines or restrictive listings possible if use of funds is not proven.
• A separate SBPE line for incomes above R$9,600 starts at R$30,000, can finance up to 50% of the property value within SFH limits with the home as collateral, and covers materials, labor and technical services for urban residences.