Minha Casa, Minha Vida: new income bracket for the middle class plans to hire 120,000 units this year

The creation of the My House, My Life (MCMV) income Track 4, announced by the federal government this Friday (4), should make the real estate market run at a faster pace than expected in 2025. According to experts consulted by CNN Money, companies will be able to fit more projects into the program, in addition to accelerating their sales, targeting an audience that would be experiencing difficulties with real estate financing in the current macr…

The line will start with R$ 30 billion plus counterpart from banks. The government wants to use R$ 15 billion from FGTS to implement track 4 of My House, My Life (MCMV), a new housing program that will be aimed at the middle class. The goal is to hire 120,000 units for the segment this year. The amount will be added to R$ 15 billion from the pre-salt social fund, adding R$ 30 billion for the modality.

Asunción, IP Agency.- The President of the Republic, Santiago Peña, pointed out the firm decision of the Executive to work in favor of the middle class, which he said was trapped between two sectors benefited by both macroeconomic stability conditions and focused policies. “The offer of public policy never focused on that sector and that’s where we are putting our attention,” Peña said, this Friday, during the inauguration of social housing in t…