The Board of Trustees of the Severance Indemnity Fund (FGTS) approved today (18) the total financial resources of the fund that will be allocated to investments in housing, basic sanitation and urban infrastructure in 2023.
Housing shares may receive up to BRL 68.1 billion next year, which, if reached, will be BRL 3.7 billion higher than the BRL 64.4 billion authorized for investment this year. The amount authorized to fund actions to improve the basic sanitation network represents an increase of R$ 2.3 billion, from the current limit of R$ 4.7 billion to a potential R$ 7 billion.
For urban infrastructure projects, the approved limit for this year was maintained: R$ 6.3 billion. Adding the BRL 4.28 billion that the board members approved to the so-called FGTS-Microcredit, the Board of Trustees expects to hire, in 2023, around BRL 85.68 billion in FGTS resources.
The council also approved an increase of R$1 billion in discounts for the Casa Verde e Amarela Program, totaling R$9.5 billion – a value that should return to the current level of R$8.5 billion from 2024. The expansion of subsidies should benefit families in groups 1 and 2 (with income up to R$ 4,400) of the program.
According to the executive secretary of the Ministry of Regional Development, Helder Melillo Lopes Cunha Silva, representative of the ministry on the Board of Trustees, the subsidy for Casa Verde e Amarela alone has the potential to benefit more than 372,000 families with a gross monthly income of up to R$4. 4000 who are entitled to the discount.
“Our main objective is to maintain the rhythm of growth for families with a gross monthly income of up to R$ 2,400, whose financing has fallen due to the adverse conditions of the macroeconomic scenario, despite all the measures that the council has adopted in the past. last two years to expand the offer of discounts. Hence the proposal to increase the discount”, added Silva, defending the policy of subsidies for the effectiveness of the housing policy.
“This is really an instrument to facilitate the demand and expand the credit supply for families with lower purchasing power, essential for the continuity of programs and investments in social housing, especially in adverse macroeconomic scenarios”, commented Silva. He informed that, until last month, 80% of the housing financing effected this year were destined to families with monthly income up to R$ 4.4 thousand.
Fees
Also during this Tuesday’s meeting, the FGTS advisors approved a temporary reduction in the interest rate charged to borrowers of housing financing with funds from the Pró-Cotista Program.
Valid until December 31, the measure reduces the rate for properties worth up to BRL 350,000 by 1 percentage point, from 8.66% to 7.66% per year, and by half a percentage point for properties with value greater than R$ 350 thousand, which goes from 8.66% to 8.16% per year.
