As of January, workers will be able to use the balance of the Severance Indemnity Fund (FGTS) to pay up to six overdue housing loan installments. The decision was approved today (13) by the Board of Trustees of the FGTS.
The new determination reduces by half the lack of current standard, which allows the use of FGTS to renegotiate up to 12 overdue installments, which was in force since May. If there was no approval, the borrower could only use the fund’s resources to settle up to three installments, as traditionally occurred.
The Board of Trustees did not change the other rules for using the FGTS for the purchase of a home. The conditions for liquidation, amortization or advance of part of the non-defaulting installments remain in force.
Transport
The Board of Trustees also allowed private transport infrastructure concessionaires – which operate highways, railways, waterways, ports or airports – to have access to FGTS resources through the Transport Infrastructure and Urban Mobility Program (Pró-Transportes). The measure had been proposed by the Ministry of Regional Development (MDR).
With the authorization, consortia and special purpose societies can obtain financing, with FGTS resources, to build urban mobility works in regions that suffer impact from the projects. In this way, Pró-Transportes will be able to finance the construction of a viaduct in a region affected by a railroad or a bus corridor or rail connection between an airport and a metro, train or BRT station.
According to the MDR, the measure has the potential to increase by around R$ 2 billion the investments contracted by concessionaires, highways and railways. Public entities (local and federal governments), companies that are members of consortia that operate public urban transport and Specific Purpose Societies (SPE) may have access to Pró-Transportes resources.
