Brazil Marks US$ 4 Billion for Housing

In Brazil there are some 6 million low-income families (who receive up to three minimum wages per month – around US$ 372) who do not have any place to live. That is where 83% of the country’s housing deficit is concentrated.

“Our principal challenge is how to reach these people. We have to find ways to subsidize their housing,” says Jorge Hereda, the Secretary of Housing at the Ministry of Cities.


The government’s goal is to get investments in the sector to conform to the housing deficit profile – in other words, to attack the problem where the problem lives.


Hereda says that over the past few years corrections in the investment profile have occurred so that, while in 2002, around 70% of sector funding went to families with incomes of over five minimum wages (US$ 484), in 2003, 50% went to low-income families.


Hereda also reports that his budget for 2005 will be the biggest in 15 years.


In 2005, the Ministry of Cities will have US$ 4.171 billion (11.2 billion reais) from the Worker Compulsory Savings Fund (FGTS) for housing, sanitation and infrastructure.


That is 33% more than this year (2004) and 60% more than in 2003, he says.


This year we defined our housing policy, explains Hereda. The Cities Council decided that “the priority is low-income families,” he says, “but we are aware of the housing problem in the Brazilian middle class and intend to deal with it as well.”


Agência Brasil
Translator: Allen Bennett

Tags:

You May Also Like

Brazil: A Tale of Two Lulas

Brazil’s financial team has been reeling. And last week, President Lula took his team ...

Brazil’s House Speaker Won’t Fall Without Dragging His Colleagues with Him

On June 14, Brazil’s congressional ethics committee voted to remove Deputy Eduardo Cunha from ...

American Tourist Cuts Short Trip to Brazil After Being Robbed by Policeman

Levi Shabtai, 64, an American tourist traveling in Brazil was robbed by a policeman ...

Unesco to Help Brazil’s Semi-Arid Areas

The director general of Unesco, Koichiro Matsuura, and the Unesco representative in Brazil, Jorge ...

Poor and Rich Countries Discuss Education in Brazil

Improving the quality of education in the world. This is the objective of the ...

Movement of Those Displaced by Dams

Brazil: An Explosive Situation Against Dams

There has been ongoing controversy and violence since the beginning of the construction of ...

Brazil: Times Affair Fractures Lula Administration

Brazilian President Lula’s decision to expel the New York Times correspondent has cracked the ...

Brazil’s Globo: a Soap Opera Global Empire

With every episode, another country falls in the web of appreciators of Brazilian audiovisual ...

Gabrielli Cristina Eichholz was raped and killed inside a church in Brazil

Brazil Looks for Rapist Who Strangled 1-Year-Old Girl Inside Church

The Brazilian police have already interrogated without success over 20 people in connection with ...

Letters

Ah, Brazil I enjoyed browsing News from Brazil‘s WEB page and reading some of ...